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.
No Firm Is Immune if AI Bubble Bursts, Google CEO Tells BBC 
Florida Approves 6.9% Average Cut in Workers’ Comp Rates But Roofers Are Worried 
Estimate to Rebuild Baltimore’s Key Bridge Doubles to $5 Billion 
Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says 
