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PCRB Announces Changes in Construction Premium Credit

Friday, April 27, 2012 | 0

The Pennsylvania Compensation Rating Bureau (PCRB) said Insurance Commissioner Michael F. Consedine has approved changes to the Construction Classification Premium Adjustment Program.PCRB said in a circular this week that manual revisions will apply to policies with anniversary dates on or after Oct. 1 and represent an updated level of employee and wage activity for Pennsylvania construction employers.PCRB updated the minimum hourly wage eligible for the premium credit provided under the program to $26.50 an hour. PCRB said the rate was rounded to the nearest five cents because of a recent cha...

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