NCCI says it will implement a series of new unit statistical data quality programs that will become effective in 2004.
This will improve the timeliness and quality of unit statistical data, NCCI says.
Unit statistical reports are vitally important for the production of experience ratings and in the development of state rates and loss cost filings.
NCCI collaborated with interested data providers and state regulators last year to identify areas of improvement, resulting in the following new and enhanced data quality programs:
* State Compliance Report
* Data Quality Remediation Program
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