NCCI, rate making body for a majority of states in the US, has taken or will be taking, various filing actions as a result of the passage of the Terrorism Risk Insurance Act of 2002 beginning this week:The following is a list of actions that NCCI says it has or will be taking:
- NCCI will file rates/loss costs in all NCCI states for both voluntary and residual markets for terrorism exposure as defined in the Terrorism Risk Insurance Act of 2002 during the week of December 16, 2002.
- The effective date will be the filing date for the voluntary market. For the residual market, the effective ...
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