The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that will 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 online Residual Market Application Processing Service (RMAPS) system. RMAPS is a free service for agents submitting business in the residual market under NCCI’s state-approved Workers Compensation Insurance Plan. Currently, NCCI receives only 14 percent of residual market applications online.
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
AM Best Downgrades State Farm Mutual Auto 
Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business 
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims 
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG From This Issue
