PCRB Posts Reminder of Deadline to Request 2009 Assessment Refund

The Pennsylvania Compensation Rating Bureau announced that eligible carriers can request refunds of 2009 work comp security fund assessments through Feb. 24. Gov. Josh Shapiro in July signed HB 2310, a budget bill that included a provision requiring the Insurance Department to issue a refund of the 2009 assessment to carriers. The bill requires refunds be calculated using the amount paid in 2009 plus 1.13% of simple interest. The deadline to submit an online refund application is Feb. 24 at 5 p.m. The department previously announced that it will issue refunds within 60 days of receiving an ...