OR: Proposed Changes To Workers’ Comp Premium Assessment Procedures

OR: Proposed Changes To Workers’ Comp Premium Assessment Procedures

Portland, OR (CompNewsNetwork) - The Workers’ Compensation Division proposes changes to the rules governing the reporting and payment of premium assessment – the procedures for reporting and paying, but not the assessment rate.

The proposed changes are necessary to replace some obsolete information and also to list eligibility criteria for annual reporting and payment. Insurers with small premium assessments may elect to pay annually rather then quarterly, but the rules have lacked detailed criteria for what makes an insurer eligible for annual reporting … read more