In the event that an employer has no compensable accidents during the experience period and the experience modification calculated in accordance with WAC 296-17-855
is greater than the experience modification shown in Table IV, WAC 296-17-890
then such modification shall be reduced to the value shown in Table IV. For the purpose of this rule, a compensable accident is defined as one which has resulted in, or is expected to result in, time loss compensation, permanent disability or death.
[Statutory Authority: RCW 51.04.030 and 51.16.035. 79-12-086 (Order 79-18), § 296-17-860, filed 11/30/79, effective 1/1/80; Order 74-40, § 296-17-860, filed 11/27/74, effective 1/1/75; Order 73-22, § 296-17-860, filed 11/9/73, effective 1/1/74.]