NCCI to Release Analysis of TRIA Extension in June

ORLANDO, Fla. – The National Council on Compensation Insurance (NCCI) announced Thursday it has completed its analysis of the impact of Congress' seven-year extension of the Terrorism Risk Insurance Act (TRIA) and will release a national item on  new rates, loss costs and classification codes in early June. Dennis Mealy, NCCI's chief actuary, made the announcement at NCCI's Annual Issues Symposium here Thursday. He said the Boca Raton, Fla.-based rate maker has changed some codings to reflect expansion of the program to include acts of domestic terror. ...