A. RETROSPECTIVE RATING ENDORSEMENTS

All NYCIRB’s approved retrospective rating plan endorsements are located in the Endorsement Section of this manual.

B. REPORTS OF PREMIUMS AND LOSSES UNDER THE PLAN

The standard premiums and losses incurred under a retrospective rating plan policy(s) must be reported in accordance with the New York Workers Compensation Statistical Plan.

Any New York additional or return premium under the retrospective rating program must be reported to NYCIRB through the New York Financial Call Information System (NYFCIS©) as part of the annual financial call reporting requirements.

C. CARRIER FILING REQUIREMENTS

In New York, carriers are required to submit Notice of Election or Notification of Coverage forms to the NYCIRB for each insured written under a retrospective rating plan.

Refer to the Appendix for specific filing requirements.