N.D. Admin. Code 92-01-02-20

Current through Supplement No. 394, October, 2024

Section 92-01-02-20 - Classification of employments - Premium rates

Classifications and premium rates must be those classifications contained in the documents entitled "Classification Manual" and "Workforce Safety and Insurance Rates". When classifying employment or assigning a premium rate, the organization must use the edition of the manuals in effect during the policy period in which the premium is incurred. Rate classifications are assigned by the organization. Rate classifications of any employer may be modified by the organization at any time. Premium rates must be adjusted annually as recommended by the organization's actuaries based upon the criteria found in North Dakota Century Code section 65-04-01.

N.D. Admin Code 92-01-02-20

Effective June 1, 1990; amended effective July 1, 1990; July 1, 1991; July 1, 1992; July 1, 1993; July 1, 1994; July 1, 1996; May 1, 2002; July 1, 2006.

Amended by Administrative Rules Supplement 376, April 2020, effective 4/1/2020.

General Authority: NDCC 65-02-08, 65-04-01

Law Implemented: NDCC 65-04-01