Agency Posts Advisory on Change in NCCI 'Split Points'

A Massachusetts insurance agency is advising employers that a change by the National Council on Compensation Insurance (NCCI) in the way it calculates experience ratings could impact their workers' compensation premiums.Wolport Insurance Agency, of Worcester, Mass., said the change involves the "split point" used by NCCI to determine the value at which a claim is divided between primary and excess loss amounts for the purpose of calculating experience modifiers.NCCI said in a regulatory notice last August that it last changed the split point two decades ago. The Boca Raton, Fla.-based rate...