The New Hampshire Insurance Department has approved a voluntary loss cost change with an average increase of 2.5 percent beginning Jan. 1, 2005. The increase is in line with that requested in a filing on behalf of workers’ compensation insurers in the state by the National Council on Compensation Insurance. For the residual market, state officials agreed to a loss cost multiplier change from 1.525 to 1.621, also effective Jan. 1.
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley 
Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance From This Issue
