Pennsylvania Compensation Rating Bureau (PCRB) | Company Profile - Revenue, Headcount, Tech Stack, Contacts

The PCRB is a non-profit corporation formed in 1915 in accordance with the insurance laws of Pennsylvania and is not affiliated with state government. Its enabling statute specifies that the classification of employers, underwriting rules, policy forms, loss cost values, and rating plans for workers compensation are to be proposed by a rating bureau situated within the state. The organization is subject to supervision and examination by the Pennsylvania Insurance Commissioner, who must approve its ability to compile loss costs on an equitable and impartial basis. The PCRB membership consists of all insurance carriers, including the State Workers' Insurance Fund ("SWIF"), authorized to sell workers compensation insurance in Pennsylvania.

The DCRB operates under a similar model in Delaware, being a non-profit corporation formed in 1917. It is supervised by the Delaware Insurance Commissioner and is responsible for compiling loss costs and assigned risk rates, with its membership comprising insurance carriers authorized to sell workers compensation insurance in Delaware.