The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) agreed to delay for at least one year implementation of a non-electronic filing fee for workers’ compensation residual market applications. NCCI had proposed requiring agents to pay a $45 fee for all assigned-risk applications submitted via mail or telephone after Sept. 18. This hard-copy surcharge had been proposed as a way to encourage agents to use NCCI’s new, free online Residual Market Application Processing Service (RMAPS) system.
Was this article valuable?
Here are more articles you may enjoy.
Trump Scraps Ocean Sensors Providing Crucial Data on Climate, Flooding 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
DeSantis Plan to Cut Florida Property Taxes Heads to Ballot—With Schools Removed 
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says From This Issue
