The New Hampshire Insurance Department has approved a voluntary loss cost change with an average increase of 2.5 percent beginning Jan. 1, 2005. The increase is in line with that requested in a filing on behalf of workers’ compensation insurers in the state by the National Council on Compensation Insurance. For the residual market, state officials agreed to a loss cost multiplier change from 1.525 to 1.621, also effective Jan. 1.
Was this article valuable?
Here are more articles you may enjoy.
Another Appeals Court Balks at Class Action Over Auto Insurers’ ACV Methods
Viewpoint: Decades-Old Approach to Workers Comp Claims Must Change
Commercial Lines Rates Continue to Soften, Says Ivans Index
NFL’s Rooney Rule Meets Biggest Challenge in Trump’s DEI Crackdown 


