NCCI News

Series of Articles by NCCI Examines Marijuana and the Workers’ Comp System

The National Council on Compensation Insurance (NCCI) has released the first of a five-part series on its website examining the issues surrounding the growing impact of legalizing marijuana on workers’ compensation stakeholders. The first article in the series, The Marijuana …

Business News: LexisNexis, NCCI, Verisk

LexisNexis Introduces New Multi-language Telematics Capability Atlanta-based Lexis Nexis Risk Solutions now includes multi-language capability in its telematics platform. This development can improve speed to market in each territory while providing the benefits of a consistent platform across different geographical …

Illinois Lawmakers at Odds Over Workers’ Comp Measures

Senate Democrats made good Friday on their pledge to pick apart the workers’ compensation system at the behest of Republican Gov. Bruce Rauner, but the measures they approved brought only derision from the GOP. Majority Democrats endorsed one proposal that …

Louisiana Workers’ Comp Insurance Costs Drop

Insurance Commissioner Jim Donelon says the cost of workers’ compensation policies for Louisiana businesses has dropped for a fourth straight year. The state insurance department announced this week that it had approved a 9.8 percent statewide decrease in workers’ compensation …

People News: CNA, Willis Towers Watson, NCCI, RMS

Robusto To Assume Role Of CNA’s Chairman And CEO CNA Financial Corporation announced that Dino E. Robusto will assume the role of chairman and chief executive officer on November 21, 2016, succeeding Thomas F. Motamed, who is retiring after eight …

Oklahoma Workers’ Comp Loss Costs Fall 10.2%

The annual filing most insurance carriers will use to develop rates for workers’ compensation insurance shows a decrease for the fourth year in a row. The National Council on Compensation Insurance (NCCI) plans to file an overall loss cost decrease …

West Virginia Employers Will See $43M Reduction in Workers’ Comp Premiums

Gov. Earl Ray Tomblin says employers in the state will see an estimated $43 million reduction in workers’ compensation premiums in the coming year. Tomblin says employers have saved more than $323 million since the program was privatized in 2006. …

Younger Workers Med Costs Higher Than Older Workers in Longtail Workers’ Comp Claims

For services incurred between 20 and 30 years after an injury, the average annual workers’ compensation medical payments for claimants younger than 60 were greater than for those older than 60 at the time of treatment, according to findings of …

Florida Workers’ Compensation Insurers Further Reduce Rate Proposal

Florida’s workers’ compensation insurers, already on record recommending an average 2.5 percent cut in rates, now say that a 3.3 percent cut is justified. The modification in the industry’s rate filing by the National Council on Compensation Insurance (NCCI) rating …

Missouri Workers’ Comp Costs Could Fall

Missouri businesses could see a decline in their workers’ compensation insurance premiums next year. The state insurance department says a new report by the National Council on Compensation Insurance indicates that insurers are likely to see a 3.7 percent drop …