The State Corporation Commission (SCC) has approved revisions to the premium levels charged for workers' compensation insurance in Virginia.
Workers' compensation insurance provides medical care and wage replacement benefits to injured workers. Almost all Virginia employers are required to carry the coverage.
The National Council on Compensation Insurance (NCCI) sought the revisions. The changes approved by the SCC for the surface and underground coal mine classifications, in both the voluntary and assigned risk markets, are substantially lower than the rates originally proposed ...
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