2020-11-12T13:14:26-06:00 2019-12-31 232183936 RAINER & COMPANY 2 CAMPUS BLVD STE 220 NEWTOWN SQUARE PA 190733270 990 2019-01-01 230958260 PENNSYLVANIA COMPENSATION RATING BUREAU PENN 2153204414 30 S 17TH STREET PHILADELPHIA PA 19103 JOHN E PANCZNER VP AND TREASURER 2153204414 2020-11-12 true MICHAEL A DEHAVEN P00440289 6103534610 2020-11-12 52.37.240.203 2020-11-12 13:14:26 CS P D9E3E69FD5250799701286FAA75C51E99B2495FA A4D1F1CE40E3EC071D693FED46CAFD9FE686C8E4 2019 2021-04-22 16:20:28Z JOHN E PANCZNER 30 S 17TH STREET SUITE 1500 PHILADELPHIA PA 19103 13557357 false X WWW.PCRB.COM X 1915 PA THE PENNSYLVANIA COMPENSATION RATING BUREAU (PCRB) IS THE LICENSED RATING ORGANIZATION FOR THE PROMULGATION AND DETERMINATION OF WORKERS' COMPENSATION INSURANCE RATING VALUES AND CLASSIFICATION SYSTEM USED BY INSURERS, AGENTS, AND EMPLOYERS IN THE COMMONWEALTH OF PENNSYLVANIA. 12 12 119 0 13167276 13397775 0 49056 77140 81847 82442 13298179 13557357 0 0 11885809 12215007 0 0 30839 227431 11916648 12442438 1381531 1114919 8049942 8953954 12245790 14578383 -4195848 -5624429 THE PENNSYLVANIA COMPENSATION RATING false false COLLECTING, EDITING, AND MAINTAINING WORKERS' COMPENSATION EXPERIENCE DATA FOR NON-COAL MINE COMMERCIAL MARKETS IN PENNSYLVANIA. PROMULGATION, APPLICATION AND ENFORCEMENT OF RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. PREPARATION, SUBMISSION AND DEFENSE OF REGULATORY FILINGS TO AMEND AND/OR MAINTAIN RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 14 0 true 119 true false false false false false false false false X 12 12 false false false false true true true true true false false true true true false true true true true false X JOHN E PANCZNER 2153204414 30 S 17TH STREET SUITE 1500 PHILADELPHIA PA 19103 JOHN E PANCZNER VP AND TREAS 30.00 X 182169 0 161418 BONITA PIACENTINO SR. VICE PRE 30.00 X 214846 0 115255 BRENT OTTO VP ACTUARIAL 30.00 X 276713 0 5916 WILLIAM V TAYLOR PRESIDENT 30.00 X 252291 0 19793 ANDREY LAPCHENKO LAN MANAGER 30.00 X 151993 0 113255 KENNETH CREIGHTON CHIEF ACTUAR 30.00 X 184380 0 54918 DELISA FAIRLEY VICE PRESIDE 30.00 X 158529 0 25588 ALEXANDER PAGAN CIO 30.00 X 164488 0 17933 AMERICAN HOME ASSURANCE COMPANY TRUSTEE 1.60 X 0 0 0 NATIONAL FEDERATION OF INDEP BUS TRUSTEE 1.60 X 0 0 0 LIBERTY MUTUAL INSURANCE CO CHAIR 1.60 X 0 0 0 PMA INSURANCE CO VICE CHAIR 1.60 X 0 0 0 TRAVELERS PROPERTY AND CASUALTY CO TRUSTEE 1.60 X 0 0 0 ZENITH INSURANCE CO TRUSTEE 1.60 X 0 0 0 ZURICH INSURANCE CO TRUSTEE 1.60 X 0 0 0 DONEGAL MUTUAL INSURANCE TRUSTEE 1.60 X 0 0 0 STATE WORKERS INSURANCE FUND TRUSTEE 1.60 X 0 0 0 EASTERN ALLIANCE INSURANCE GROUP TRUSTEE 1.60 X 0 0 0 PA CHAMBER OF BUSINESS INDUSTRY TRUSTEE 1.60 X 0 0 0 DEPARTMENT OF LABOR INDUSTRY TRUSTEE 1.60 X 0 0 0 1585409 514076 16 false true false WINDMILL SOFTWARE 1130 DARZUCK DRIVE CONCORD PA 19060 SOFTWARE DEV. 671050 30 S 17TH STREET PROPERTY OWNER LLC 30 S 17TH STREET PHILADELPHIA PA 19103 RENT 663999 DUANE MORRIS LLP 30 S 17TH STREET PHILADELPHIA PA 19103 LEGAL 233261 LOGICALIS 2600 S TELEGRAPH ROAD SUITE 200 BLOOMFIELD HILLS MI 48302 TECHNOLOGY 227349 WORKERS COMP RESEARCH INSTITUTE 955 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 W/C RES. & BM 195000 5 13397775 13397775 77140 77140 PRINTING AND SPECIAL SERVICES 82442 82442 82442 13557357 82442 77140 2940296 2940296 5569556 5569556 1800783 1800783 1279475 1279475 624897 624897 220678 220678 61400 61400 197935 197935 98066 98066 1103755 1103755 601403 601403 253896 253896 59230 59230 80457 80457 EMPLOYEE OVERHEAD 238242 238242 WCRI BENCHMARKING STUDY 195000 195000 DOCUMENT PROCESSING, POST 63043 63043 EQUIPMENT AND FURNISHINGS 62066 62066 -3007740 -3007740 12442438 12442438 0 0 578328 594931 2557214 1537890 578425 405168 412150 523285 5208857 2147805 2253623 3061052 1496818 2541418 40027 40027 133357 250183 8049942 8953954 1119004 1047078 11126786 13531305 12245790 14578383 X -4195848 -5624429 -4195848 -5624429 8049942 8953954 X 1114919 -2543500 X false true X true false 232852 183129 49723 2019404 1964676 54728 2956601 2956601 3061052 ACCRUED PENSION LIABILITY 13045182 DEFERRED RENT LIABILITY 243513 DEFERRED COMPENSATION PAYABLE 122374 ASSESSMENTS REFUNDABLE TO MEMBERS 120236 13531305 X 13557357 13557357 13557357 14985938 2543500 2543500 12442438 12442438 SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. IF THE ORGANIZATION WERE TO INCUR ANY INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS INCOME TAXES. THERE ARE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2019. SCHEDULE D, PAGE 4, PART XII, LINE 2D MINIMUM PENSION LIABILITY 2,543,500 false false false JOHN E PANCZNER VP AND TREASURER 163605 18564 139602 21816 343587 BONITA PIACENTINO SR. VICE PRESIDENT 186599 24424 3823 93560 21695 330101 BRENT OTTO VP ACTUARIAL 101713 175000 5916 282629 WILLIAM V TAYLOR PRESIDENT 249199 3092 17500 2293 272084 ANDREY LAPCHENKO LAN MANAGER 145697 6296 98433 14822 265248 KENNETH CREIGHTON CHIEF ACTUARY 184380 48305 6613 239298 DELISA FAIRLEY VICE PRESIDENT 143639 14890 12261 13327 184117 ALEXANDER PAGAN CIO 158455 6033 15988 1945 182421 FORM 990, PAGE 6, PART VI, LINE 6 THE PCRB'S MEMBERS ARE COMPRISED OF ALL PROPERTY/CASUALTY INSURERS LICENSED TO WRITE WORKERS' COMPENSATION BUSINESS IN THE COMMONWEALTH OF PENNSYLVANIA. FORM 990, PAGE 6, PART VI, LINE 7A GOVERNING BOARD MEMBERS ARE ELECTED BY A VOTE OF ALL MEMBERS PRESENT AND VOTING AT AN ANNUAL MEETING OF THE PCRB ATTENDED BY SUFFICIENT MEMBERS TO ATTAIN A QUORUM UNDER THE TERMS OF THE PCRB'S BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 7B APPROVAL FROM MEMBERS FOR THE FOLLOWING DECISIONS/ACTIONS REQUIRE AFFIRMATIVE VOTES OF THE MEMBERSHIP IN ORDER TO GAIN APPROVAL 1)AMENDMENT, ALTERATION OR REPEAL OF ANY AND ALL PROVISIONS OF THE PCRB'S BY-LAWS (SUCH CHANGES REQUIRE TWO-THIRDS VOTE OF THE MEMBERS PRESENT AND VOTING WITH THE BENEFIT OF A QUORUM), 2)AMENDMENT, ALTERATION, REPEAL OR RE-ENACTMENT OF THE BUREAU'S ARTICLES OF INCORPORATION OR BY-LAWS WITH RESPECT TO THE BUREAU'S QUALIFICATION AND OPERATION AS A LICENSED RATING ORGANIZATION IN THE COMMONWEALTH OF PENNSYLVANIA, OR THE DIVISION OF THE BUREAU, OR THE VOLUNTARY DISSOLUTION AND WINDING UP OF THE BUREAU, OR THE SALE OF A SUBSTANTIAL PORTION OF THE BUREAU'S ASSETS. (THE PRECEDING FIVE TYPES OF CHANGES REQUIRE THE AFFIRMATIVE VOTE OF (A) TWO-THIRDS OF THE ENTIRE GOVERNING BOARD AT A DULY CONVENED MEETING OF THE GOVERNING BOARD CALLED FOR SUCH PURPOSE, AND (B) TWO-THIRDS OF ALL MEMBERS OF THE BUREAU AT A DULY CONVENED ANNUAL MEETING OF THE BUREAU, OR AT A DULY CONVENED SPECIAL MEETING CALLED FOR SUCH PURPOSE. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING THE FORM 990, THE RETURN WAS EMAILED TO ALL MEMBERS OF THE PCRB GOVERNING BOARD. ALL GOVERNING BOARD MEMBERS WERE ASKED TO REVIEW THE FORM AND PROVIDE COMMENTS OR QUESTIONS FOR STAFF CONSIDERATION. AS OF THE DATE THAT PCRB FILED THE FORM 990, NO ADVERSE COMMENTS OR QUESTIONS REQUIRING ANY CHANGES TO THE FORM 990 AS DISTRIBUTED TO THE GOVERNING BOARD HAD BEEN RECEIVED. SHOULD SUCH ADVERSE COMMENTS OR QUESTIONS BE RECEIVED SUBSEQUENT TO THE FILING DATE OF THE FORM 990, PCRB WILL APPROPRIATELY AMEND THE FORM 990 FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE TOTAL REMUNERATION (SALARY, OTHER CASH AND BENEFITS) GIVEN TO THE PCRB'S PRESIDENT WAS REVIEWED BY THE COMPENSATION SUBCOMMITTEE OF THE PCRB GOVERNING BOARD. THE PRESIDENTS' COMPENSATION, INCLUDING INCENTIVES AND BENEFITS, ARE ESTABLISHED ANNUALLY BY ACTION OF THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 15B THE TOTAL REMUNERATION (SALARY, OTHER CASH AND BENEFITS) GIVEN TO THE PCRB'S OFFICERS AND KEY EMPLOYEES WAS REVIEWED BY THE COMPENSATION SUBCOMMITTEE OF THE PCRB GOVERNING BOARD. THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES, INCLUDING INCENTIVES AND BENEFITS, ARE ESTABLISHED ANNUALLY BY ACTION OF THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS WERE POSTED TO THE WWW.PCRB.COM WEBSITE. THE CONFLICT OF INTEREST POLICY WAS NOT MADE AVAILABLE TO THE PUBLIC DURING THE YEAR. FORM 990, PART XI, LINE 9 MINIMUM PENSION LIABILITY -2,543,500 DELAWARE COMPENSATION RATING BUREAU 30 S 17TH ST PHILADELPHIA PA 19103 510307078 INS RATING DE 501C6 N/A false false false false false false false false false false false false false false true true false true false true DELAWARE COMPENSATION RATING BUREAU O 3007740 AVERAGE WORK ALLOCATION DELAWARE COMPENSATION RATING BUREAU S 84750 IT SURCHARGE