Actuaries Will Explain Proposed 12.6% Rate Decrease

Actuaries will break down the latest voluntary loss cost filing by the National Council on Compensation Insurance at the next meeting of the Advisory Council on Workers’ Compensation. The meeting is at 1:30 p.m. Oct. 11 in the Legislative Plaza, Room 16, 301 6th Ave. North in Nashville. Mary Jean King, the council’s consulting actuary in Cherry Hill, New Jersey, with By the Numbers Actuarial Consulting Inc., will review NCCI’s proposed 12.6% rate decrease. The council has until Oct. 23 to deliver NCCI’s recommendation to Department of Commerce and Insurance Commi...