NCCI boosts Work Comp Rates for Oklahoma

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NCCI (National Council on Compensation Insurance) recently hosted its annual advisory Forum at the Oklahoma City Waterford Hotel. They discussed the latest year’s results and trends for Oklahoma, surrounding states and how they related to the National Results. NCCI is charged with maintaining adequate rates and has taken a 9.1% rate increase in Oklahoma. Carrier’s rates are not directly determined by the rate increase as it is only a part of the total rate. Each carrier will adopt these rates at their own pace and could use credits to offset some of the increases. Compsource Oklahoma files their rates separately and may differ from this increase. We have attached the entire presentation in color for download.

CLICK HERE TO DOWNLOAD PRESENTATION FROM NCCI