Jul 17, 2018

NYDFS approves NYCIRB 11.7 percent loss cost decrease as filed

The New York State Department of Financial Services approved the filing submitted by the Rating Board for a decrease of 11.7 percent in the overall loss cost level in New York State, effective Oct. 1, 2018. Loss costs by classification will be published in a subsequent bulletin and posted on the Rating Board’s website on or before Aug. 1, 2018.