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The Indiana Compensation Rating Bureau (ICRB) is a statutory rating organization. It is a private non-profit, unincorporated association of all insurance companies licensed to write workers compensation insurance in Indiana.

The law empowers the ICRB to gather information from its member companies that may be necessary to establish fair and adequate advisory rates. In addition to the data collection and ratemaking functions, the ICRB is responsible for various workers compensation programs: rules promulgation, experience rating, inspection and classification, assigned risk administration, industry education, and dispute resolution.

Hot Topics
News and other interesting stuff.

1. Indiana WC Outlook and Observations (10/31/14)
NCCI has updated its presentation (PDF file) from October 2013 which captures a lot of the information typically seen in its State Advisory Forums. This information compliments and expands upon the ICRB annual report.

2. Approved Advisory Rate Filing Effective January 1, 2015
The proposed advisory rate filing contemplates a decrease of:

This overall rate level decrease follows last year’s decrease of -7.7%.

Please open the PDF documents listed below for more information.

3. 78th Annual Report 2014 (revised 10/31/14)

Download PDF

4. Approved Advisory Rate Filing Effective January 1, 2014 (10/11/13)
(IDOI "Filed” via SERFF on 10/10/2013 which completes the approval process)

2. ICRB Annual Report and NCCI Outlook and Observations (10/02/13)
Big facts. Few words. Easy on the eyes. Both the ICRB 77th Annual Report (updated 01/19/14) and the NCCI “Indiana Outlook and Observations” report await your perusal.

5. House Enrolled Act 1320 (07/10/13)
HEA 1320  contains provisions effective both July 1, 2013 and July 1, 2014. Here’s a quick summary:

For additional information, please see ICRB Circulars on HEA 1320: