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NCCI files WC loss costs and rates decrease

The National Council on Compensation Insurance recently submitted a workers' compensation loss cost filing that proposed an overall pure premium level decrease of 9 percent for the voluntary market.

Also filed is a proposed overall decrease in assigned risk rates of 9.4 percent. The filing is proposed to be effective Sunday, Jan. 1, 2017, for new and renewal voluntary and assigned risk policies, and is pending review by the New Hampshire Insurance Department.

The NCCI will be holding its annual New Hampshire State Advisory Forum on Thursday, Sept. 8, 2016, at the Radisson Hotel in Manchester. To register, click here.

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