The New Hampshire Insurance Department has approved a voluntary loss cost change with an average increase of 2.5 percent beginning Jan. 1, 2005.
The increase is in line with that requested in a filing on behalf on workers’ compensation insurers in the state by the National Council on Compensation Insurance (NCCI).
For the residual market, state officials agreed to a loss cost multiplier change from 1.525 to 1.621, also effective Jan. 1, 2005.
Was this article valuable?
Here are more articles you may enjoy.
LaGuardia Crash Bolsters Case for Using AI in Air Control Towers 
Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine 
Perplexity AI Machine Accused of Sharing Data With Meta, Google 
Weeks-Long Australian LNG Outage Will Further Tighten Supply 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.