Maine's chief insurance regulator said the state's advisory rating organization for insurers has filed a request to decrease workers' compensation rates by an average of 2.2 percent.

Acting Superintendent of Insurance Eric A. Cioppa said the filing from the National Council on Compensation Insurance, to decrease workers' compensation loss costs, if approved, will reduce premiums in the insured market by about $5.5million.

The requested effective date for the proposed rates is Jan. 1, 2008. Loss costs are the portion of premium that covers the cost of benefits.

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