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.
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders? 
