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 on workers’ compensation insurers in the state by the National Council on Compensation Insurance (NCCI).
For the residual market, state officials agreed to a loss cost multiplier change from 1.525 to 1.621, also effective Jan. 1, 2005.
Was this article valuable?
Here are more articles you may enjoy.
CRC Group Signs Agreement to Acquire Euclid Transactional 
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In 
’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info 
Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says 
