Residual Market Application Fee

BULLETIN B 00-10 To: All Insurance Producers Licensed to Transact Workers’ Compensation Business and Other Interested Parties Re: Residual Market Application Fee In a circular dated August 14, 2000, the National Council on Compensation Insurance, Inc. (NCCI) notified insurance producers of changes in the RMAPS Online Application Service. This circular stated that the RMAPS Online Application Service is a free service to insurance producers who submit business to the workers’ compensation residual market by the Internet, but, beginning September 18, 2000, any application submitted to NCCI by mail or telephone would be subject to a $45 application processing fee. The division has received questions from insurance producers about this application fee. NCCI has informed the division that it will not assess an application fee on residual market applications that are submitted by mail or telephone. NCCI will refund any fees that it has already collected. If you have any questions regarding this bulletin, please contact the Division of Insurance; P.O. Box 110805; Juneau, AK 99811-0805; (907) 465-2515; fax (907) 465-3422; or the Anchorage office at (907) 269-7900; fax (907) 269-7910; or via electronic mail at: DATED: October 6, 2000 Robert A. Lohr Director By: Stan Ridgeway Deputy Director