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Decrease in Workers’ Compensation Rate Sought for Colorado

NCCI Holdings Inc. is seeking an average decrease of 9.3 percent in workers’ compensation rates for 2010 coverage in Colorado.

  • August 6, 2009
  • Comments (0)

NCCI Holdings Inc. is seeking an average decrease of 9.3 percent in workers’ compensation rates for 2010 coverage in Colorado.

The Colorado Division of Insurance has scheduled a public hearing in Denver for September 17 to consider NCCI’s recommendation.

Colorado’s Legislature, meanwhile, is holding a series of hearings to determine whether the state should privatize or make other changes to Pinnacol Assurance, a quasi-governmental insurer and the largest workers’ comp underwriter in Colorado.

Filed by Roberto Ceniceros of Business Insurance, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.

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