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.
Humans Still Matter to Insurance Consumers, Says Big ‘I’ Survey 
California Governor Signs Act to Create Smoke Damage Presumption 
Baldwin Group to Go Private After $7.7B Investment Deal 
FBI Confirms Data Was Breached in Cyber Attack on Springfield Schools From This Issue
