DOI News

For Immediate Release: Contact:
November 2, 2009 Kristin Milam
Johanna Royo
919-807-6011
 
Department of Insurance Settles Workers Comp Rate Filings
Decreases Established, Public Comment Period Held
 
RALEIGH -- Insurance Commissioner Wayne Goodwin today announced the settlement of the workers compensation rate filings from the North Carolina Rate Bureau, the organization that represents the state's workers compensation insurance companies. The settlement ordered a 9.6 percent decrease to the voluntary market loss costs and no change (zero percent) to the assigned risk markets. The changes are effective April 1, 2010.   Commissioner Goodwin
 
"I'm proud that we were able to implement a public comment period for this filing, and I look forward to continuing this practice for future rate filings that the Department handles," said Commissioner Goodwin.
 
The full filings and settlements are available for public review on the Department's Web site. Visit by clicking on this link and search for Serff Tracking numbers NCPC-126289369 and NCPC-126289290.
 
  • North Carolina Workers Compensation Rate Changes History
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