In a release, the NHID stated that consumers will continue to benefit from reforms made at the state level over the last several years that aim to reduce insurance costs and premiums. (Credit: pla2na/Adobe Stock)
In early September, the New Hampshire Insurance Department (NHID) announced that it had approved a rate proposal filed by the National Council on Compensation Insurance (NCCI) that would reduce voluntary loss costs by an average of 5.6%. This marks the 13th consecutive year for loss cost decreases in the voluntary market in New Hampshire.
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