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Louisiana Insurance Commissioner Jim Donelon approved the annual loss cost filing of the National Council on Compensation Insurance (NCCI) effective May 1, 2020.

The filing reduces Workers Compensation rates -8.4% and continues the downward trend of the last six years.

Founded in 1923, the mission of the National Council on Compensation Insurance (NCCI) is to foster a healthy workers compensation system. In support of this mission, NCCI gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations in thirty-five (35) member states.

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