Tag Archives: NCCI

NCCI Recommends 2.4% Overall Loss Cost Decrease for Louisiana

UPDATED: This morning (October 31st) NCCI released its circular announcing that it has submitted a voluntary advisory loss costs, rating values and voluntary retrospective rating plan parameters filing to the Louisiana Department of Insurance. This filing proposes an overall average loss cost level decrease of 2.4% for the voluntary market to become effective on May 1st, 2015.