National Council on Compensation Insurance Inc. News

Florida Awaiting Final Workers’ Comp Rate Decision

The rate impact of recent Florida Supreme Court rulings on the state’s workers’ compensation system is currently in the hands of regulators, as the Office of Insurance Regulation (OIR) decides on the National Council on Compensation Insurance’s (NCCI) filing seeking …

Workers’ Comp Rate Reduction Proposed in Iowa

The Iowa Insurance Division reports that a proposed workers’ compensation rate filing would lower rates by 4.7 percent next year. The National Council on Compensation Insurance Inc. has made a rate filing that proposes an overall decrease in voluntary and …

NCCI Proposes Nearly 20% Florida Workers Comp Rate Increase

The Florida Office of Insurance Regulation (OIR) announced July 1 that the National Council on Compensation Insurance (NCCI) filed an amended rate filing to address a third legal change affecting Florida’s workers’ compensation system. This amended filing increases NCCI’s initial …

NCCI Files for Workers’ Comp Rate Increase in Iowa

The National Council on Compensation Insurance Inc. has filed a workers’ compensation rate proposal in Iowa that would increase voluntary and assigned risk rates by 2.7 percent from the current rates that became effective Jan. 1, 2015, the state insurance …

Maine Approves 7.7% Decrease in Workers’ Comp Loss Costs

Maine Gov. Paul R. LePage and Insurance Superintendent Eric Cioppa announced Thursday that the Bureau of Insurance has approved the National Council on Compensation Insurance Inc.’s (NCCI) 2014 loss cost for Maine, filed earlier this month, which proposed a premium …

Workers’ Compensation Rate Hike for Oregon

The Department of Consumer and Business Services announced the pure premium rate for workers’ compensation will increase 1.9 percent starting in 2012, the first rate hike in Oregon in more than 20 years. The decision on the rate hike, based …