National Council on Compensation Insurance (NCCI) News

Florida Approves 6.6% Rate Decrease to Workers’ Comp Rates

Florida Insurance Commissioner David Altmaier has issued a final order approving the National Council on Compensation Insurance (NCCI)’s filing for a statewide overall decrease of 6.6% for Florida workers’ compensation insurance rates. This applies to both new and renewal workers’ …

Florida Regulator Calls for Further Workers’ Comp Rate Decrease

Florida’s insurance regulator has called for a further decrease to proposed workers’ compensation insurance rates in response to a filing by the National Council on Compensation Insurance (NCCI). In an order issued Oct. 30, Florida Insurance Commissioner David Altmaier said …

Amazon Injuries Could Spark Higher Workers’ Comp Rates for Fulfillment Centers

Injuries in Amazon.com Inc. warehouses could damage more than just the company’s reputation. They could start to hurt the e-commerce giant’s bottom line, as well. Washington state’s workplace safety regulator says workers in Amazon’s highly automated warehouses are injured at …

Vast Majority of COVID-19 Workers’ Compensation Claims Are Small, Says NCCI

If COVID-19 behaves like other workers’ compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in permanent total disability, according to a …

Florida Workers’ Comp Rates Going Down, Again

The downward trend for Florida workers’ compensation rates is set to continue next year thanks to favorable loss experiences from policy years 2017 and 2018. The latest filing from the National Council on Compensation Insurance (NCCI) proposes an average statewide …

Maryland Insurance Administration Approves Temporary Rule Change for Workers’ Comp

The Maryland Insurance Administration has reviewed and approved a filing from its authorized workers’ compensation rating organization, the National Council on Compensation Insurance (NCCI), regarding a temporary rule change for workers’ compensation insurance. This comes after the administration issued a …

Layoffs, Small Business Exits Likely Major Coronavirus Effects on Workers’ Comp: NCCI

A new analysis of the economic effects of the coronavirus finds that while layoffs of workers will have the most immediate effect on workers’ compensation, a rise in business failures could pose a major challenge later. Unemployment claims for the …

NCCI Moves Workers’ Compensation Issues Symposium Online for May 12

The workers’ compensation rating and information organization National Council on Compensation Insurance (NCCI) said it is converting its Annual Issues Symposium from a live to a virtual event due to the coronavirus pandemic. NCCI said it will hold its AIS …

Tennessee Approves 7% Decrease for Workers’ Comp Rates

Workers’ compensation rates in Tennessee will go down again next year, marking the seventh consecutive year of decreases, according to the Tennessee Department of Commerce and Insurance. Commissioner Hodgen Mainda approved a 7.1 percent overall loss cost decrease for 2020 …

1.6% Workers’ Comp Rate Decrease Recommended for Missouri in 2020

The Missouri Department of Commerce and Insurance is recommending a 1.6 percent decrease in workers’ compensation insurance loss costs for 2020. This marks the sixth year in a row that average workers’ compensation rates will decrease. The 1.6 percent decrease …