Rhode Island’s Department of Business Regulation, Insurance Division, on May 15 approved a +2.5 percent overall increase in advisory loss costs for workers’ compensation for industrial classes and an overall increase of +5.4 percent for “F” classes. The approved increases …
Many Nevada employers will see a small increase in the premiums they pay for workers’ compensation insurance this year. The average premium increase in the voluntary market will be about 3.2 percent. Nevada employers who purchase their workers’ comp insurance …
The Missouri Department of Insurance is recommending a 10.1 percent increase in workers’ compensation loss costs for next year, a lower increase than that suggested by the National Council on Compensation Insurance. The NCCI had recommended an 11.6 percent increase …
The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Rhode Island Department of Business Regulation. Based upon its review of the most recently available data, NCCI has proposed on Nov. 25 an …
Virginia’s State Corporation Commission (SCC) last week approved revisions to the premium levels charged for the state’s workers’ compensation insurance. Workers’ compensation insurance provides medical care and wage replacement benefits to injured workers. Almost all Virginia employers are required to …
Florida’s Office of Insurance Regulation recently issued a final order approving the rate increase of 0.7 percent for workers’ compensation rates in Florida. The approval was issued after the National Council on Compensation Insurance (NCCI) resubmitted a corrected rate filing …
Connecticut regulators this week approved the National Council on Compensation Insurance’s workers’ compensation filing for an overall +3.2 percent change for voluntary market advisory pure premium loss costs and an overall +5.7 percent change in assigned risk plan rates. NCCI …
Florida Insurance Commissioner Kevin McCarty today issued an order notifying the National Council on Compensation Insurance (NCCI) that its 1-percent proposed annual rate filing increase in Florida’s workers’ compensation insurance rates has been disapproved. The Florida Office of Insurance Regulation …
Missouri businesses could face significantly higher costs for workers’ compensation insurance next year, due partly to a new law that seeks to shore up a financially troubled state fund for disabled workers. Workers’ compensation insurers in Missouri are likely to …
The National Council on Compensation Insurance (NCCI) last week delivered a workers compensation loss cost filing to the Connecticut Insurance Department. Based upon its review of the most recently available data, NCCI has proposed an overall average workers compensation loss …
