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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
Workers’ compensation claim frequency declined slightly in 2011, by a modest one percent, after increasing in 2010 for the first time in more than a decade. According to the industry’s rating and statistical organization NCCI Holdings, frequency declined in 2011 …
