NCCI Recommends Loss Cost Decrease of 13.3% in Voluntary Market, 10.3% in Residual Market

The nation's top workers' compensation rate-maker has recommended decreasing premiums in New Hampshire for the sixth year in a row, the state announced last week. The National Council on Compensation Insurance has recommended a 13.3% decrease in loss costs for the voluntary market and a 10.3% decrease for the assigned risk, or residual, market. The New Hampshire Insurance Department will hold a public hearing on the proposed changes at 10 a.m. Sept. 21 in Conference Room 274 of the Insurance Department building, 21 S. Fruit St., Suite 14, Concord. NCCI reported that the financial ex...