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NCCI has suggested a 1.2% rate decrease for Nebraska Workers Compensation Rates effective 2/1/16.  Not all insurance companies will adopt the rate decrease.  Work Comp rates can vary by over 80% from company to company in Nebraska.  Claims experience and claims handling also varies between insurance carriers which impacts experience mod factors resulting from the total expense of a claim.  You are the expert at running your business, we are the experts at insuring your business.  Call us today to align your company with the best suited insurance carrier at the most reasonable rates.

NCCI, the governing body for Workers Compensation, has suggested a 7% rate decrease for workers compensation rates in Nebraska effective 2/1/15.  Workers compensation rates are set by the State Department of Insurance, then individual insurance carriers apply a loading factor called a Loss Cost Multiplier (LCM) to the base rates, giving each carrier different final rates for workers compensation.  As a result of the base rate decrease, several insurance companies have increased their LCM’s to keep premiums flat, instead of passing on the savings to the business owners.  Contact us today to review your workers compensation program, ensuring you are maximizing the available savings!