Employers See NCCI Call for 3.5% Increase as 'Poke in the Eye'

By Bill Kidd, Central Bureau ChiefDespite reform legislation passed by Illinois lawmakers, the National Council on Compensation Insurance has filed for a 3.5% increase in workers’ compensation rates for the state to take effect on Jan. 1 -- and employers are not pleased by news of the requested increase.The proposed increase would wipe out much of the 8.8% rate reduction approved by the Illinois Department of Insurance that took effect on Sept. 1.David Vite, president of the Illinois Retail Merchants Association, told WorkCompCentral on Friday that a request for a rate increase by insure...