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Virginia: Hearing covers premium level adjustments

The State Corporation Commission scheduled a hearing on Oct. 16 to consider a request filed by the National Council on Compensation Insurance to adjust the premium levels charged for workers' compensation insurance.

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NCCI proposed a decrease in the overall premium level for the industrial, federal, and underground coal mine classifications in the voluntary market and the underground coal mine classification in the assigned risk plan. It also proposed an increase in the overall premium level for the industrial, federal, and surface mine classifications in the assigned risk plan and the surface coal mine classification in the voluntary market. The proposed changes would become effective on April 1, 2013.

Read more at the WorkersComp Forum homepage.

November 1, 2012

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