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.
NAIC Says Data Taken in Hack Has Been Published Online 
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
