DCBS Sets Premium Assessment at 6.2%

The Oregon Department of Consumer and Business Services announced in Bulletin 364 that it is setting an assessment rate of 6.2% on direct earned premium, effective Jan. 1, 2012.The assessment funds the operations of the Workers' Compensation Division, the Workers' Compensation Board, part of the Insurance Division, most of Oregon's Occupational Safety and Health Administration (Oregon-OSHA).Insurers were assessed 6.4% in 2011.Self-insured employers and self-insured employer groups have to pay an additional 0.2% to fund the Self-Insured Employer Adjustment Reserve and Self-Insured E...