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Small Business Chamber Claims Victory in SC Rate Case

Friday, October 6, 2006 | 0

The South Carolina Small Business Chamber of Commerce declared victory Thursday in a judge's decision to increase workers' compensation pure premiums by 18.4%. The group said it was the only business association to actively oppose a call for boosting rates by 32.9%. Chief Administrative Law Judge Marvin Kittrell on Monday rejected recommendations by the National Council on Compensation Insurance (NCCI) that pure premiums -- also known as loss costs -- be increased by 32.9%. Kittrell's ruling came nearly a year after the NCCI rates were scheduled to take effect and resolved opposition ...

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