85 YEARS OF SERVICE
The Indiana Compensation Rating Bureau (ICRB) is a private non-profit, unincorporated association of all insurance companies licensed to write workers compensation insurance in Indiana. The ICRB is a statutory rating organization as set forth in Chapter 27-7-2 of the Indiana Insurance Laws.
The law empowers the ICRB to gather information from its member companies that may be necessary to establish fair and adequate advisory rates. This information is submitted to the Indiana Department of Insurance for review and then distributed to all member companies who use them or file their own rates.
In addition to the data collection and ratemaking functions, the ICRB is responsible for various workers compensation programs to include: rules promulgation, experience rating, inspection and classification, assigned risk administration, industry education, and dispute resolution
Our Company Mission
Providing resources to assist Indiana stakeholders navigate the complexity of workers compensation.
Our Core Values
- Provide exceptional customer service & educational resources
- Make neutral and value-based decisions
- Build solid relationships with regulators, insurers, agents and employers
- Foster a healthy work-life balance through collaboration & innovation
Our Leadership Team
Karen H. Byrd, AIC
President & CEO
Paul E. Keathley, CAWC