The Texas Department of Insurance has approved NCCI filing Item P-1413 which adds an endorsement advising employers that their experience rating modification factors may change during the policy term instead of on the anniversary rating date. The changes in Item P-1413 apply to new and renewal policies effective on and after May 1, 2017.
The filing notification is available here.
The order approving the filing is available here.
Information regarding NCCI’s experience rating process can be found here.