NH Insurance Department Bulletin INS 11-018-AB
Directive - Workers Compensation Administration Fund Assessment
The State of New Hampshire
Insurance Department
21 South Fruit Street, Suite 14
Concord, NH 03301
Roger A. Sevigny
Commissioner
Alexander K. Feldvebel
Deputy Commissioner
BULLETIN
DOCKET NO. INS NO.11-018-AB
To:
All Property and Casualty Insurer
From:
Roger Sevigny, Commissioner
/A
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Date:
September 22, 2011
Subject:
Directive - Workers Compensation Administration Fund Assessment
Please be advised that the New Hampshire Insurance Department is directing
insurance carriers that they may build the Workers Compensation Administration
Fund Assessment obligations into their loss cost multipliers. This directive is a result
of a 2008 legislative change. The Department wants to avoid any possible double
counting of the carrier's assessment that could occur if the assessment is included in
loss costs. We are also directing NCCI to amend its pending loss cost filing to
exclude this assessment, and to provide to its affiliates notice of this regulatory
directive as well as the amended loss costs.