| Unit Statistical Report (USR) Data Review Period | Financial Call Data Review Period | Rating Value Filing -Proposed Effective Date | Rating Value Filing Frequency | Notes: | |
|---|---|---|---|---|---|
| California | August 15 - December 31 (prelim summary); April 1 -June 15 (significant issues affecting pure premium) | May 1 - September 30; February 15 - March 31 | January 1 | Annually | USR Data Review Period references the period in which additional inquiries may be issued during the preliminary summary process utilizing a complete set of USR evaluations to be used in the rate filing and additional USR inquiries may be made into specific issues that may have a significant impact pure premium rates. California collects aggregate financial data calls on a quarterly basis. The 1st Quarter and 2nd Quarter evaluations are used in the annual rate filings (effective Jan 1), with their review period spanning from May 1 - Sept 30. To the extent that a mid-year rate filing (effective July 1) is proposed, the 4th Quarter evaluation would be used, with its review period spanning from Feb 15 - Mar 31. Review of the quarterly financial calls is performed year-round, but the periods defined in the matrix apply to review of data used in the rate filings. |
| Delaware | February 1 - June 15 | April 1 - July 30 | December 1 | Annually | A Federal & USL&HW file review is conducted every two years concurrent with the State filing. |
| Massachusetts | March 1 - September 30 | March 1 - August 31 | September 1 | At least every two years but as frequently as annually or any additional date that the commissioner may designate | The Commissioner of Insurance can order a rate filing with 60 days notice. |
| Michigan | May 15 - September 15 | April 1 - July 1 | AR - January 1 VO - Carrier Option | AR - Annually VO - Carrier Option | |
| Minnesota | February 1 - June 15 | March 1 - June 30 | August 15 / January 1 | Annually | |
| NCCI States: | January 1 - December 31 | March 15 - December 31 | January 1 - December 31 | Varies by State | Refer to Status of Rate Revision circular for current state effective dates. |
| New Jersey | January 01 - June 30 | April 01 - July 31 | January 01 | Annually | |
| New York | December 1 - March 1 | March 1 - May1 | 1-Oct | Annually | In NY, by statute, a loss cost filing must be made no later than May 15. Major USR and Call data reviews and reconciliations must take place prior to that date; however, other data reviews, especially on USRs, are performed continually throughout the year if not completed during the filing cycle. |
| North Carolina | November 1 - July 1 | April 1 - September 1 | April 1 | Annually | |
| Pennsylvania | May 15 - September 15 | July 1 - September 15 | April 1 | Annually | A Federal & USL&HW file review is conducted every two years concurrent with the State filing. |
| Wisconsin | January 1 - May 1 | April 1 - May 1 | October 1 | Annually |