August 16, 2013
Florida’s employers can look forward to little, if any, change in their 2014 workers’ compensation rates as the state’s industry-backed rating agency has filed for a modest statewide average 1 percent rate increase. The industry’s National Council on Compensation Insurance …
August 9, 2013
The National Council on Compensation Insurance (NCCI) recently delivered a workers compensation loss cost filing to the New Hampshire Insurance Department. Based upon its review of the most recently available data, NCCI has proposed on Aug. 3 an overall average …
July 23, 2013
Workers’ compensation loss costs are going down in West Virginia for the ninth consecutive year since the market was privatized. The National Council on Compensation Insurance (NCC), which files rates on behalf of insurers, filed a proposed 8.8 percent overall …
July 10, 2013
The Rhode Island Department of Business Regulation approved this month a 7.4 percent overall voluntary loss cost increase for new and renewal workers’ compensation policies. The change will take effect in August. The National Council on Compensation Insurance (NCCI) had …
July 9, 2013
The National Council on Compensation Insurance (NCCI), the workers’ compensation rating organization, appointed Katherine Antonello to the position of chief actuary. Antonello succeeds Dennis Mealy, who is retiring after 11 years of service. She will be based in NCCI’s headquarters …
January 30, 2013
Thanks to rising medical costs many Nevada employers will see a small increase in the premiums they pay for workers’ compensation insurance this year, according to the Nevada Division of Insurance. The average premium increase in the voluntary market will …
December 18, 2012
Traffic accidents are a leading cause of high-severity workers’ compensation injuries. Moreover, they are pervasive; indeed, a 2006 study by the National Council on Compensation Insurance (NCCI) noted that even the clerical classification has surprisingly high exposure to traffic accidents. …
October 18, 2012
A proposed statewide average 6.1 percent increase in Florida’s workers’ compensation rates could spur the first major legislative changes in the state’s system since 2003. The likely targets of reforms include physician-repackaged drugs and hospital costs, which the industry says …
August 24, 2012
Florida employers may see their workers’ compensation rates increase as the National Council on Compensation Insurance announced it is seeking a statewide average 6.1 percent rate hike on behalf of insurers. If approved, the NCCI filing would mark the third …
August 20, 2012
West Virginia employers’ rates for workers’ compensation are heading down again after regulators approved a statewide average 9.1 percent decrease in loss cost rates. Insurance Commissioner Michael D. Riley approved the filing submitted last month by the National Council on …