National Council on Compensation Insurance News

Virginia Approves 3.4% Overall Increase in Workers’ Comp Loss Costs

The Virginia State Corporation Commission (SCC) announced Tuesday the approval of revisions to the premium levels charged for workers’ compensation insurance in Virginia. The revisions will result in an overall average increase of 3.4 percent for voluntary market loss costs …

Florida Issues Final Order for NCCI to Decrease Workers’ Comp Rates by 4.7%

The Florida Office of Insurance Regulation (OIR) has approved an overall decrease of 4.7 percent in workers’ compensation insurance rates in Florida. Following the disapproval of its original rate filing request, the National Council on Compensation Insurance (NCCI) submitted additional …

NCCI Requests Review of Disapproved Florida Rate Filing

The National Council on Compensation Insurance (NCCI) has submitted a request to the Florida Office of Insurance Regulation (OIR) to consider supplemental information in regards to its recent workers compensation rate filing that Florida Insurance Commissioner Kevin  McCarty said would …

Connecticut Approves Workers’ Comp Loss Cost Decrease of 3.9%

Connecticut Insurance Commissioner Katharine L. Wade said Connecticut employers can expect to pay less next year for their workers’ compensation insurance as a result of the Insurance Department’s approval this week of a rate filing that lowers rates and the …

McCarty Orders NCCI to Further Lower Florida’s Workers’ Comp Rates

Florida Insurance Commissioner Kevin M. McCarty has ordered the National Council on Compensation Insurance (NCCI) to lower workers’ compensation rates for Florida employers by 5.1 percent. The Order signed Nov. 3 is a disapproval of the proposed 1.9 percent decrease …

New Hampshire Approves Workers’ Comp Loss Cost Decrease of 5.9%

The New Hampshire Insurance Department announced that it has approved the National Council on Compensation Insurance’s advisory loss cost and rating values filling to be effective Jan. 1, 2016. The approved voluntary loss cost change is a decrease of 5.9 …

Kansas to See Lower Workers’ Comp Insurance Rates

Kansas Insurance Commissioner Ken Selzer says about 65,000 businesses in the state will pay less for their workers’ compensation coverage next year. Selzer announced that he approved lower rates proposed by the National Council on Compensation Insurance. The council is …

Idaho Workers’ Comp Rates to Increase Slightly For 2016

The Idaho Department of Insurance has received a proposal for an overall rate increase of 0.2 percent to workers’ compensation insurance for 2016 by the National Council on Compensation Insurance. NCCI collects information about the workers’ compensation system in Idaho …

NCCI Proposes Decrease for Workers’ Comp Loss Costs in Connecticut

The National Council on Compensation Insurance (NCCI) on Sept. 24 delivered a workers’ compensation loss cost filing to the Connecticut Insurance Department. NCCI said that based upon its review of the most recently available data, it has proposed an overall …

NCCI Proposes Decrease to Florida Workers’ Comp Rates

The Florida Office of Insurance Regulation said today that it has received the 2016 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (NCCI), which proposes a statewide average premium decrease of 2.2 percent. This includes a …