NCRB Posts Loss-Cost Multipliers

The North Carolina Rate Bureau (NCRB) has released a spreadsheet detailing individual carriers' loss-cost multipliers (LCMS), along with a statistical breakdown on the filings.As part of the filing, NCRB reported the average loss-cost multiplier is 1.37 for current filings. The smallest lost-cost multiplier, 0.75, was filed by Indemnity Insurance Co. of North America. The highest, 2.219, was filed by Travelers Indemnity Co. of America.LCMS are filed to adjust loss costs based on overhead, dividends and assessments filed by each carrier.The 54-page spreadsheet is available at http://www.ncr...