NCCI Proposes Revisions to Retrospective Rating Plan Manual

The Texas Department of Insurance is accepting comments on a filing from the National Council on Compensation Insurance proposing changes related to state and federal tax multipliers. NCCI said individual state tax multipliers that carriers use to cover licenses, fees, assessments and taxes that must be paid on premiums are no longer included in its Tax Assessment and Directory.  The glossary of the directory includes the tax multiplier formula so carriers can calculate their own multipliers, NCCI said. State taxes and assessments are included in the Tax Assessment and Directory, a...