2013-11-14T12:19:42-06:00 2012-12-31 FESNAK AND ASSOCIATES LLP 1777 SENTRY PARKWAY W SUITE 300 BLUE BELL PA 194222211 990 2012-01-01 230958260 PENNSYLVANIA COMPENSATION RATING BUREAU PENN 2153204414 UNITED PLAZA BLDG 30 S 17TH STREET ROOM/SUITE 1500 PHILADELPHIA PA 191034007 JOHN E PANCZNER 2153204414 2013-11-14 true EUGENE C PRESTON CPA 6106474000 2013-11-14 2012 2016-02-25 16:41:14Z TIMOTHY L WISECARVER UNITED PLAZA BLDG 30 S 17TH STREET PHILADELPHIA PA 191034007 12780813 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 12 125 0 12141333 12663902 0 15427 29947 99518 86964 12256278 12780813 0 0 9803270 10213544 0 0 5389585 4485358 15192855 14698902 -2936577 -1918089 3616665 3660036 13701125 15662585 -10084460 -12002549 X 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. false false 4968227 COLLECTING, EDITING AND MAINTAINING WORKERS COMPENSATION EXPERIENCE DATA FOR NON-COAL MINE COMMERCIAL MARKETS IN PENNSYLVANIA. 3726173 PROMULGATION, APPLICATION, AND ENFORCEMENT OF RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. 859886 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. 9554286 false false false false false false false false false true false false true true false 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 18 0 true 125 true 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 UNITED PLAZA BLDG 30 S 17TH STREET SUITE 1500 PHILADELPHIA PA 191034007 AMERICAN HOME ASSURANCE COMPANY X 0 0 0 HARTFORD ACCIDENT & INDEMNITY CO X 0 0 0 HARLEYSVILLE MUTUAL INSURANCE COMPAN X 0 0 0 INSURANCE COMPANY OF NORTH AMERICA X 0 0 0 NATIONAL FEDERATION OF INDEP BUSINE X 0 0 0 PA CHAMBER OF BUSINESS & INDUSTRY X 0 0 0 PA DEPARTMENT OF LABOR X 0 0 0 LIBERTY MUTUAL INSURANCE CO X 0 0 0 PMA INSURANCE COMPANY X 0 0 0 SELECTIVE INSURANCE COMPANY X 0 0 0 STATE WORKERS' INSURANCE FUND X 0 0 0 TRAVELERS PROPERTY & CASUALTY COMPAN X 0 0 0 ZENITH INSURANCE COMPANY X 0 0 0 ZURICH AMERICAN INSURANCE COMPANY X 0 0 0 TIMOTHY L WISECARVER 25.00 X 352775 0 128086 BRUCE E DECKER 20.00 X 171019 0 18772 JOHN J MURPHY 20.00 X 162128 0 21359 BONITA PIACENTINO 20.00 X 146367 0 20820 JOHN E PANCZNER 20.00 X 136327 0 20747 MICHAEL J DOYLE 20.00 X 172196 0 12166 ANDREY LAPCHENKO 20.00 X 126923 0 6179 VINCENT P DEAN 20.00 X 123698 0 20126 BETTY ANN CAMPBELL 20.00 X 123584 0 17309 1515017 265564 9 false true false DUANE MORRIS LLP 30 S 17TH STREET PHILADELPHIA PA 19103 LEGAL 124540 YURCOR 100 E LINTON RD DELRAY FL 33483 IT MGMT & CONSU 118479 2 11944347 719555 12663902 29947 29947 PRINTING, SEMINARS, ETC. 82668 82668 K-1 CDX LLC 75-3125132 4296 4296 86964 12780813 116911 1140812 741528 399284 6176686 4014847 2161839 1151607 748545 403062 1222745 794784 427961 521694 339101 182593 132368 86039 46329 50740 32981 17759 118479 77011 41468 68781 44708 24073 802916 521895 281021 625137 406339 218798 195817 127281 68536 214142 139192 74950 65187 42371 22816 MINIMUM PENSION LIABILITY 1822323 1184510 637813 WCRI BENCHMARKING STUDY 195001 126751 68250 POSTAGE & TELEPHONE 95379 61996 33383 EQUIPMENT & FURNISHINGS 57321 37259 20062 41767 27148 14619 14698902 9554286 5144616 0 68768 90940 1620338 2161597 324372 66091 330737 378812 1839334 1112405 847986 726929 35731 40027 388733 195640 3616665 3660036 1066356 1090358 12634769 14572227 13701125 15662585 X -10084460 -12002549 -10084460 -12002549 3616665 3660036 -1918089 X false true X false false 232852 81259 151593 1172947 671483 501464 433535 359663 73872 726929 DEPOSIT HELD FOR DEFERRED COMP. PLAN 195640 195640 ACCRUED PENSION LIABILITY 14009123 DEFERRED COMPENSATION PAYABLE 547704 ASSESSMENTS REFUNDABLE TO MEMBERS 15400 14572227 12061258 12061258 719555 719555 12780813 13979347 13979347 719555 719555 14698902 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 4B ALLOCATION OF EXPENSES TO DCRB 719,555 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B ALLOCATION OF EXPENSES TO DCRB 719,555 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIII PART XI, LINE 4B - REVENUE RECEIVED FROM THE DELAWARE COMPENSATION RATING BUREAU (DCRB) INC. IS REPORTED AS AN OFFSET TO PCRB EXPENSE AS SHOWN ON THE AUDITED FINANCIAL STATEMENTS. PART XII, LINE 4B - THE AUDITED FINANCIAL STATEMENTS REPORT PCRB EXPENSE NET OF REIMBURSEMENT FROM DCRB, INC. X X X X X false false false TIMOTHY L WISECARVER 302834 48760 1181 111410 16676 480861 BRUCE E DECKER 155905 13860 1254 5815 12957 189791 JOHN J MURPHY 142843 19285 5475 15884 183487 BONITA PIACENTINO 127978 18389 5006 15814 167187 JOHN E PANCZNER 126352 9975 4962 15785 157074 MICHAEL J DOYLE 159335 12861 6019 6147 184362 OTHER ADDITIONAL INFORMATION SCHEDULE J, PART III PART II, COLUMN C - REPORTS THE 2011 TO 2012 CHANGE IN THE ACCRUED BENEFIT IN THE PCRB EMPLOYEE RETIREMENT PLAN. PART II, COLUMN D - REPORTS THE MEDICAL, LIFE, LONG TERM DISABILITY AND DENTAL INSURANCE PREMIUMS PAID BY PCRB IN 2012. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION 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. CLASSES OF MEMBERS OR STOCKHOLDERS 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. ELECTION OF MEMBERS AND THEIR RIGHTS 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. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B THE FOLLOWING 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 A 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 ANY DULY CONVENED SPECIAL MEETING CALLED FOR SUCH PURPOSE. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING, THE 2012 FORM 990 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'S 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 ITS 2012 FORM 990 FILING. COMPENSATION PROCESS FOR TOP OFFICIAL 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 HAY GROUP, INC. AT THE REQUEST OF THE COMPENSATION SUBCOMMITTEE OF THE PCRB GOVERNING BOARD. THE PRESIDENT'S COMPENSATION, INCLUDING INCENTIVES AND BENEFITS, ARE ESTABLISHED ANNUALLY BY ACTION OF THE GOVERNING BOARD. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B EMPLOYEE SALARIES ARE ESTABLISHED BY THEIR SUPERVISOR OR OTHER APPLICABLE REPRESENTATIVE OF MANAGEMENT SUBJECT TO APPROVAL BY THE PCRB GOVERNING BOARD. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION 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 IN 2012. RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 ALLOCATION OF EXPENSES TO DCRB -719,555 ALLOCATION OF EXPENSES TO DCRB 719,555 DELAWARE COMPENSATION RATING BUREAU UNITED PLAZA BLDG 30 S 17TH ST SUITE 1500 PHILADELPHIA PA 191034007 510307078 INS. RATIN DE 501C6 NA false false false false false false false false false false false false false false false false false true false false DELAWARE COMPENSATION RATING BUREAU O 719555 COST ALLOCATION BASED ON STATE PREMIUMS WRITTEN