The WSCC provides a form of collective liability, which is common across the insurance industry. This means all employers share the risk as an industry subclass. This protects individual employers against major increases in their assessment rates in the event that they experience an extraordinary increase in claims.
WSCC evaluates and updates rates annually. You can view the WSCC's current and historical rates by visiting WSCC Connect to view Class & Subclass and Specific Industry rates. You can view your employer's assessment rates by signing in or creating an account on WSCC Connect and clicking on 'My Assessment Rates.'
The 2019 Year’s Maximum Insurable Remuneration (YMIR) is $92,400.