NCRB's Loss Sensitive Rating Plan Endorsement

Raleigh, NC (CompNewsNetwork) - Circular letter C-10-16 dated August 16, 2010, announced revisions to the Loss Sensitive Rating Plan for Residual Market business applicable to new and renewal business effective January 1, 2011. As a result of the approval of Item RM-W-8036, Data Reporting personnel should be aware of the following changes applicable to all new and renewal Assigned Risk policies with an effective date on or after January 01, 2011.
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