NEWS

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Change to Three Decimals for Loss Costs and Expected Loss Rates

With an increasing payroll exposure base and declining loss costs and rates in the workers compensation system necessitating a shift, the Delaware Compensation Rating Bureau, Inc. (DCRB) is proposing extending the decimal precision of ratemaking and experience rating values from two decimal places (X.XX) to three decimal places (X.XXX) for loss costs and expected loss rates for the Annual Loss Cost Filing effective April 1, 2026.

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05/16/2024

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Save the Date: Second Annual DCRB Workers Compensation Symposium Set For May 1, 2025

The Pennsylvania Compensation Rating Bureau (PCRB) and Delaware Compensation Rating Bureau, Inc. (DCRB) are pleased to announce that their Second Annual Workers Compensation Symposium (WCS) will be held on Thursday, May 1, 2025, in Philadelphia.

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05/06/2024

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Publication of Annual Reports

The Delaware Compensation Rating Bureau is pleased to announce the release of five of its annual report publications, including the 2023 Annual Report, State of the Line Report, State Activity Report, Medical Activity Report, and Opioid Supplement Report.

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05/03/2024

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DCRB’s 106th Annual Meeting Held on April 18, 2024

Delaware Compensation Rating Bureau members met for the DCRB’s 106th Annual Meeting on April 18, 2024. DCRB President and Chief Executive Officer Bill Taylor presided over the election of Governing Board and Committee members.

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04/26/2024

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DCRB Nominating Committee Recommends Candidates To Fill Open Governing Board and Committee Positions

The DCRB solicited, on behalf of the Nominating Committee, nominations for insurer and employer representatives to the DCRB's Governing Board, Classification and Rating Committee, Actuarial Committee, and Nominating Committee.

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03/01/2024

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Notice of the 2024 Annual Meeting of the DCRB Membership on April 18

The Delaware Compensation Rating Bureau's Annual Meeting of its Membership will be held at 8:45 a.m. on Thursday, April 18, 2024, at Convene City View, on the 13th Floor of the Duane Morris Building at 30 South 17th Street, Philadelphia, Pennsylvania.

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02/23/2024

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DCRB Launch New Industry Event, Workers Compensation Symposium, Set for April 18 in Philadelphia

The Pennsylvania Compensation Rating Bureau (PCRB) and Delaware Compensation Rating Bureau (DCRB) have created a new industry event, the PCRB & DCRB Workers Compensation Symposium (WCS), set to debut on April 18, 2024 in Philadelphia. Registration is now open and will end on April 5.

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02/15/2024

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Special Pricing Program Studies - Annual Update

The annual reviews of Schedule Rating Plans, Workplace Safety Program and Construction Classification Premium Adjustment Program are now available.

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02/14/2024

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Save the Date: PCRB and DCRB To Host Inaugural Workers Compensation Symposium on April 18 in Philadelphia

The Pennsylvania Compensation Rating Bureau (PCRB) and Delaware Compensation Rating Bureau (DCRB) announce the inaugural Workers Compensation Symposium (WCS): Evolving With Data and Artificial Intelligence, a groundbreaking event set for April 18 that marks the beginning of a new era for the bureaus and for the entire workers compensation insurance industry.

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01/26/2024

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Credit Card Option Now Available for Deposit Premium Payments in Delaware Insurance Plan Manager

In a series of ongoing improvements, the Delaware Compensation Rating Bureau (DCRB) announces a new enhancement to the Delaware Insurance Plan Manager (DIPM) application tool. Effective January 29, 2024, agents and employers can now conveniently pay their deposit premiums using credit cards.

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01/24/2024

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New Medical Treatment Statistics Report Highlights Workers Compensation Injury Treatment Data Across Delaware For Policy Years 2018-2020

The Delaware Compensation Rating Bureau (DCRB) has released its first Medical Treatment Statistics Report. Based on policy years 2018-2020, the report highlights workers compensation data for office and physical medicine visits, surgery, prescription drugs, and prescriptions with opioids.

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12/06/2023

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New Calendar-Accident Year Calls Reporting Requirements For Financial Data Manager Users

As previously announced in DCRB Circular 1025, there will be a new reporting requirement for a series of Calendar-Accident Year Calls. Additional information is now available in the Financial section under the Data Reporting tab of our website.

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10/26/2023

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Approval of Workers Compensation Residual Market Rates, Voluntary Market Loss Costs, and Changes to Auditable Payrolls - Effective December 1, 2023

The Delaware Department of Insurance has approved DCRB Amended Filing No. 2304, with overall changes of -13.85% in residual market rates and -10.03% in voluntary market loss costs.

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10/12/2023

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Workers Compensation Rate-Filing Rules Unchanged By Delaware HB 228

To provide clarity around the rate approval filing processes, the Delaware Compensation Rating Bureau (DCRB) is issuing this information bulletin to notify members that the recent passage of Delaware House Bill No. 228 does not impact workers compensation insurance, and thus, all filing procedures for insurer workers compensation loss cost multiplier filings remain unchanged.

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09/28/2023

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DCRB Introduces Information Bulletins, Bringing Members Latest Workers Compensation Updates

The Delaware Compensation Rating Bureau, Inc. (DCRB), a trusted, essential, and objective data collection organization supporting a healthy workers compensation system, is introducing a new form of communication for its membership.

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08/09/2023

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DCRB 2022 Financial Statements & Assessments Now Available

The DCRB has published the 2022 audited financial statements along with the adjustment of assessment.

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08/07/2023

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Annual Residual Market Rates And Voluntary Market Loss Costs Filing - Effective December 1, 2023

On August 2, 2023, the DCRB submitted Filing No. 2304 to the Delaware Department of Insurance, containing a proposed overall change in loss costs of -7.24% and an overall change in residual market rates of -11.18%.

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08/03/2023

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Delaware Insurance Plan Manager (DIPM) Application

The DCRB has developed a new web application for Residual Market policy application submission called the Delaware Insurance Plan Manager (DIPM). DIPM is now available to all registered agent and employer users effective May 22, 2023.

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05/23/2023

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Collection of 2022 Annual Reports

The DCRB has published its collection of 2022 annual reports. This includes the Annual Report, State of the Line, State Activity, COVID-19 Activity, and two Medical Activity reports.

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04/21/2023

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Approval of DCRB Filing No. 2301 and Filing No. 2302 - Revisions to Delaware Basic Manual and Statistical Plan Related to Covid-19

The Delaware Department of Insurance has approved DCRB Filings No. 2301 and No. 2302 which contained revisions to the DE Basic Manual and DE Statistical Plan Manual provisions related to the COVID-19.

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04/19/2023

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Proposed Revisions to Delaware Basic Manual Provisions Related to COVID-19

The DCRB submitted Filing No. 2301 to the Delaware Department of Insurance containing proposed revisions to the DE Basic Manual provisions related to the COVID-19.

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03/30/2023

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New User Roles for Agents and Employers

In preparation for the release of the newly redesigned Delaware Insurance Plan Manager (DIPM), the DCRB is introducing new user roles for Delaware Agents and Delaware Employers.

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03/27/2023

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Register now for the DCRB Annual Meeting 2023

The DCRB and PCRB have opened registration for this year’s Annual Meeting of its membership. The meeting returns to an in-person program on April 20, 2023, at the Sonesta Hotel, in Philadelphia, Pennsylvania.

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03/10/2023

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New Delaware Insurance Plan Manager (DIPM) Application

The DCRB is pleased to announce the upcoming launch of our newly created web application, the Delaware Insurance Plan Manager (DIPM) for Residual Market policy application submission. The DIPM application is set to launch on May 22, 2023.

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03/09/2023

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Annual Update of Industry Studies

The annual reviews of Schedule Rating Plans, Workplace Safety Program and Construction Classification Premium Adjustment Program are now available.

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02/16/2023

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Multi-Bureau Evaluation of Covid-19 – Phase II: Expanded Data On Claim Characteristics And Trends

The DCRB, in collaboration with a number of other workers compensation rating bureaus, has released Phase II of a comprehensive analysis on COVID-19’s impact on the Workers Compensation system.

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11/15/2022