Wisconsin Compensation Rating Bureau

“The two employer representative board members do not have voting rights to vote on budget and operating expenses of the bureau. They can vote on all other matters.”

“In may 2018, the board of directors approved the expansion of the rating committee and governing board to consist of up to ten carrier members.”

“Every insurer writing workers' compensation insurance or the liability for similar benefits of employers exempt from workers' compensation insurance in the state of wisconsin is automatically a member of the bureau. Members of the bureau elect the members of the governing body from among the membership.”

“While not a state agency, wcrb is regulated by the state of wisconsin office of the commissioner of insurance (oci) and works very closely with the worker's compensation division of the wisconsin department of workforce development (dwd).”

“A copy of form 990 is provided to the organizations management for review prior to filing and is made available to governing board members upon finalization.”

“Board members and key personnel are required to sign a "code of ethics and standards of professional conduct" yearly.”

“Documents are available via website: www.wcrb.org”

“American home assurance company - 175 water street, new york, ny 10038. Sentry insurance, a mutual company - 1800 north point dr, stevens point, wi 54481. Employers insurance company of wausau - p.o. Box 8017, wausau, wi 54402. United wisconsin insurance company - p.o. Box 3026, milwaukee, wi 53201. Travlers indemnity company - 1 tower square, hartford, ct 06183. General casualty insurance company - 500 park blvd. #1205, itasca, il 60143. Society insurance company - 150 camelot drive, fond du lac, wi 54936. Chris reader - 3829 swoboda road, verona, wi 53593. Dan burazin - 1243 n. 10th street, ste 175, milwaukee, wi 53205. Sfm mutual insurance company - 3500 american blvd w #700, bloomington, mn 55431. West bend mutual insurance co. - 1900 south 18th ave., west bend, wi 53095. Secura insurance company - 1500 mutual way, neenah, wi 54956.”

“Net actuarial gain or (loss) on pos 639,889. Prior service cost on postretirement 149,908. Accrued pension trust adjustment -412,108. Change in accrued postretirement benefit -59,332. Surplus - excess of income -1,531,094.”

“No change from prior year.”