Nevada Insurance Commissioner Alice Molasky-Arman approved the proposed filing submitted by the National Council on Compensation Insurance (NCCI) for an overall workers’ comp premium increase of 6.3 percent. The new rates become effective on July 1, 2000, for new business, and on policy anniversary dates for renewals. The premium increase reflects a combined manual rate decrease of 1.9 percent and a standard premium increase of experience rated risks of 8.3 percent.
Was this article valuable?
Here are more articles you may enjoy.
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown 
AM Best Downgrades State Farm Mutual Auto 
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG From This Issue
