June 10, 2014
In late March 2014, Texas Insurance Commissioner Julia Rathegeber approved a staff petition to adopt the National Council on Compensation Insurance (NCCI) Basic Manual, with Texas exceptions, and the national and Texas-specific endorsements and forms in the NCCI Forms Manual. …
May 19, 2014
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 …
February 21, 2014
Maine Gov. Paul R. LePage and Insurance Superintendent Eric Cioppa announced Thursday that the Bureau of Insurance has approved the National Council on Compensation Insurance Inc.’s (NCCI) 2014 loss cost for Maine, filed earlier this month, which proposed a premium …
January 27, 2014
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 …
December 9, 2013
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 …
December 9, 2013
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 …
November 5, 2013
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 …
October 31, 2013
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 …
October 23, 2013
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 …
September 24, 2013
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 …