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AZ HB2025

Bill

Status

Passed

3/16/2018

Primary Sponsor

David Livingston

Click for details

Origin

House of Representatives

Fifty-third Legislature - Second Regular Session (2018)

AI Summary

  • Allows insurers to file up to six uniform percentage deviations that decrease or increase the statewide rate portion of their rating organization's workers' compensation rate filing.

  • Permits insurers to file subclassification rate-related rules that deviate from rules or schedule rating plans filed by their rating organization, but prohibits simultaneously applying both a deviation and a schedule rating plan to the same insured risk.

  • Requires deviations to be on file with the director for at least thirty days before becoming effective, though the director may authorize earlier effectiveness upon written application.

  • Specifies that paragraph 1 deviations expire on December 31 unless disapproved sooner by the director, while paragraph 2 deviations continue until the insurer withdraws or the director determines standards are no longer met.

  • Applies the amendments retroactively to all workers' compensation insurance rate filings made by insurers or rating organizations from February 28, 2018 forward.

Legislative Description

Workers' compensation; rate deviations

Workers' Compensation

Last Action

Chapter 5

3/16/2018

Full Bill Text

No bill text available