NCCI has released a circular containing its projected +0.4 percent loss cost increase for the state of Louisiana’s voluntary workers’ comp market, effective May 1st, 2018. The data contained in the circular is preliminary and still subject to pending regulatory approval from the Department of Insurance. The final numbers and loss cost proposal will be discussed at NCCI’s State Advisory Forum for Louisiana in Baton Rouge next Wednesday, November 1st. This small increase follows several years of significant decreases.
Register for the Forum here.