NYCIRB Revises Expected Loss Rates for Oct. 1 Filing

The New York Compensation Insurance Rating Board (NYCIRB) last week announced it has corrected errors in expected loss rates reported in connection with the 4.5% loss-cost increase approved by state regulators effective Oct. 1.NYCIRB announced new expected loss rates for volunteer ambulance workers and volunteer firefighters.The rating board's president, Monte Almer, said other expected loss rates and rating values were unchanged.A notice of revisions is at http://www.nycirblib.org/rcb/rcb/rc2213.pdf.Source: NYCIRBbody {background: #FFF;}body {background: #FFF;}body {background: #FFF;}body...