Commissioner Barbara D. Richardson approved two filings from the National Council on Compensation Insurance (NCCI) which may help Nevada employers see lower premiums as a result of decreases in workers' compensation voluntary insurance loss-costs and assigned-risk market rates, effective March 1, 2017.  

One filing aims for an average decrease of 10.7 percent for Nevada workers' compensation voluntary insurance loss costs; another aims for an average decrease of 10.5 percent for workers' compensation insurance assigned-risk rates.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].