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Insurance Department Posts Updated Loss-Cost Multipliers

Wednesday, June 5, 2013 | 0

The Missouri Department of Insurance posted an updated version of insurers' individual loss-cost multipliers on its website.The state agency updated its list of insurance companies' individual loss-cost multipliers on Monday, which reflect the impact of each insurer's varying operating expenses, taxes and profit distribution systems on employer premiums. The department noted that some insurers will file deviated loss-cost multipliers for some classes of workers' compensation policies."In these instances, the list will reflect the average loss-cost multiplier rather than the bas...

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