Insurance Commissioner Approves NCCI Proposal on Work Comp Rates
October 16, 2019
Insurance Commissioner Doug Ommen signed off on the National Council on Compensation Insurance (NCCI) Aug. 30, 2019 workers' compensation rate filing with an overall decrease of 3.0%. The voluntary and assigned risk rates will be effective on Jan. 1, 2020. Rates have consistently gone down since 2017 with an average 24.8% decrease overall since that point in time.