NCCI recently completed a comprehensive multi-year evaluation of the Experience Rating Plan (Plan) methodology and performance. The result is Item Filing E-1409, which creates a more predictive experience rating modification. Components of the filing include:
These revisions are proposed to become effective for experience rating modifications with rating effective dates on and after each state’s anticipated loss cost/rate filing (for filings effective on and after November 1, 2023).
To learn more, please review the FAQs, Filing Summary, and Webinar information on this resource page. You will find additional information in the Related Content section.
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