Insurers And Adjusters New Compensation Formula Effective January 1st 2022 for new injuries, intermediate spendable base wage (SBW) calculations will be discontinued; the compensation rate will equal 62% of the claimant’s average weekly wage. Please see Information Letter 21-04 for additional information. The Education Unit has also produced a video webinar with step-by-step guidance. Become an Adjuster The RI Department of Business Regulation (DBR), Insurance Division, handles testing and licensing of Workers' Compensation Adjusters for the State of Rhode Island. The following items are offered as study materials Adjuster Licensing Information from the Dept. of Business Regulations Exam Content Outlines Exam Statutes Study Outline All fees, methods and applications for licensing are set by DBR and are subject to change. For updates and information, visit https://dbr.ri.gov/insurance/insurance-professionals or call (401) 462-9520