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Our Regulatory Team

NCCI’s Regulatory Team focuses on monitoring and navigating the state insurance and labor regulatory environment and interacts with state and federal regulators, legislators, and other stakeholders related to NCCI’s role as a licensed rating, advisory, and statistical organization. Typically, employees in these roles have experience as state or federal regulators; they have expertise in government affairs or state legislatures; they have worked at a workers comp insurance carrier; or they have worked in other teams at NCCI to acquire specific knowledge and training.

Departments within this team include:

Residual Market


The residual market—market of last resort—ensures that all eligible employers have access to workers compensation insurance if they are unable to obtain coverage in the voluntary market. NCCI is responsible for administering the Workers Compensation Insurance Plan (WCIP), the National Workers Compensation Reinsurance Pooling Mechanism (NWCRP or National Pool), and the New Mexico Workers’ Compensation Assigned Risk Pool. NCCI also provides financial, actuarial, and carrier oversight services for other reinsurance pools and customers.

External and Government Affairs (EGA)

EGA plays a crucial role in NCCI’s interactions and communications with state and federal regulators, legislators, and other stakeholders related to matters impacting workers compensation and NCCI’s role as a licensed rating and advisory organization. The State Relations group is a resource to state insurance and labor regulators and also helps NCCI navigate the regulatory review and approval process for various rates, rules, and form filings. The Legislative and Regulation group monitors legislation and regulations for trends and developments that may be impactful for NCCI and WC stakeholders.

 

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