Carriers are encouraged to subscribe to the national standard formatted electronic data packages of rates, surcharges and classification data (WCRATE), experience modification data (WCMODS) and policy pre-delinquent and delinquent data (WCCNTL) for unit statistical filing purposes.  The ability of a carrier to be able to immediately input policy year rates, surcharges and classification data eliminates the high percentage of rate and surcharge errors usually found in January and February policies.

Carriers are also encouraged to use policy and statistical electronic filing methods.  The flow of hard copy submissions increases expense costs for the sender and the recipient.  Electronic reporting, on the other hand, improves the timeliness of data submission and, at the same time, enhances the credibility and quality of the data being submitted.  Standard national WCIO data reporting specifications (WCPOLS and WCSTAT) are in place and we are committed to assist any carrier to reduce and eliminate hard copy filings.

The MIS Division provides the New Jersey workers compensation insurance community with a number of electronic services via our web site, which are intended to provide large amounts of data to users.  Also available, is the File Transfer Procedure, which allows member carriers to submit WCPOLS and WCSTAT data records via electronic transmissions.

The following information and on-line applications are available at the NJCRIB web site: a list of Bureau contacts, the latest Annual Report, E-mail Notification Service, the New Jersey Workers Compensation Online Insurance Plan Application for Designation of an Insurance Company, Aggregate Financial Reporting, Circulars and Bulletins, Bureau Manual, Classification Selection Handbook, Exploring the Cost of a Workers Compensation Policy booklet, Exploring Experience Rating booklet, New Jersey Forms, Workers Compensation Rates, and FROI/SROI EDI Reporting.  Also available are: data searches for Actuarial Statistics, Classification Experience, Loss Claim Characteristics, Policy Coverage Search, Rates & Classifications, Experience Rating Modifications and Residual Market information.

In 2007 NJCRIB will be offering Experience Rating worksheets on the web for access by the carrier community.  Further, NJCRIB will begin to accept data from ACCCT and CDX as soon as these organizations have modified their applications to meet New Jersey requirements.

The NJCRIB web site is available at www.njcrib.com or indirectly through the home page of the Department of Banking and Insurance.