Beginning in 2013 NCCI radically changed the way experience modification factors are calculated. While some employers have seen lower premiums resulting from the new approach, many others have experienced sticker shock as their premiums rise.
Our White Paper explains the new methodology and its implications for all insureds:
- A comparison of the old and new calculations
- The disproportionate impact of the changes on smaller insureds
- Support for agents and insureds in developing strategies for lowering experience mods and the cost of insurance