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.
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Dei Primus Holdings Launches LUCY, a Fully Autonomous Insurance Carrier 
Viewpoint: How Will the Middle East War Affect the Insurance Sector? 
More Insurance M&A Deals on the Horizon? From This Issue
