National Council on Compensation Insurance (NCCI) News

Louisiana Workers’ Comp Insurance Rates to Decline Again

The Louisiana Department of Insurance announced a rate filing from the National Council on Compensation Insurance (NCCI) for a statewide decrease of 9.8 percent in workers’ compensation rates has been approved. Insurance Commissioner Jim Donelon said rates for workers’ comp …

Oklahoma to Hold Free Forums for Workers’ Comp Agents, Adjusters

Workers’ compensation professionals in Oklahoma will have the opportunity to learn crucial information about the industry at two free events. The Oklahoma Insurance Department and the National Council on Compensation Insurance (NCCI) will host the 2016 State Advisory Forums on …

Oklahoma Workers’ Comp Loss Costs Fall 10.2%

The annual filing most insurance carriers will use to develop rates for workers’ compensation insurance shows a decrease for the fourth year in a row in Oklahoma, according to the state insurance department. The Oklahoma Insurance Department reported that the …

Missouri Insurance Department Expects Lower Workers’ Comp Insurance Rates

Missouri insurance regulators say employers in that state should see lower workers’ compensation insurance rates for the third straight year in 2017. The Missouri Department of Insurance says the National Council on Compensation Insurance (NCCI) has proposed an overall decrease …

Texas Seeking Employer Representative for Workers’ Comp Appeals Panel

The Texas Department of Insurance is seeking an employer representative to serve on the Texas Workers’ Compensation Appeals Panel. The panel resolves policyholder disputes with insurance carriers that are referred by the National Council on Compensation Insurance (NCCI). The panel …

Louisiana Workers’ Comp Insurance Rates Set to Decline Again

Commissioner of Insurance Jim Donelon reports that Louisiana businesses are expected to see a decrease in their workers’ compensation rates in 2016. The National Council on Compensation Insurance (NCCI) recently proposed an overall decrease of 2.7 percent for Louisiana employers …

Swiss Re America’s Donnell to Succeed Klingel as NCCI CEO

William E. Donnell, president for Swiss Re America’s U.S. property and casualty reinsurance, will become the new president and chief executive officer of the National Council of Compensation Insurance, NCCI announced. Donnell will assume the position at NCCI effective Dec. …

Tennessee Dissolves Residual Workers’ Comp Reinsurance Plan

The Tennessee Workers Compensation Insurance Plan (TWCIP) reinsurance mechanism has been dissolved as part of the state’s transition to the National Council on Compensation Insurance (NCCI) as the new residual workers compensation administrator, according to a bulletin from Tennessee Insurance …

Workers’ Comp Loss Costs Fall Again in Oklahoma

Workers’ compensation rates in Oklahoma are expected to drop in 2016, the Oklahoma Insurance Department announced. The National Council on Compensation Insurance (NCCI) filed an overall loss cost decrease of 14.8 percent. This is the third straight year rates have …

South Carolina Orders Rate Revision for State Workers’ Comp Plan

South Carolina Insurance Director Raymond Farmer approved an overall revision of +1.9 percent to the state’s voluntary workers’ compensation policy loss costs and a decrease of .3 percent in the assigned risk rate level results for the state’s workers’ comp …