TDI Approves NCCI Filing Regarding Experience Rating Modification Factors

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.

 

This entry was posted in News and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s