NCCI has suggested a 1.2% rate decrease for Nebraska Workers Compensation Rates effective 2/1/16. Not all insurance companies will adopt the rate decrease. Work Comp rates can vary by over 80% from company to company in Nebraska. Claims experience and claims handling also varies between insurance carriers which impacts experience mod factors resulting from the total
NCCI, the governing body for Workers Compensation, has suggested a 7% rate decrease for workers compensation rates in Nebraska effective 2/1/15. Workers compensation rates are set by the State Department of Insurance, then individual insurance carriers apply a loading factor called a Loss Cost Multiplier (LCM) to the base rates, giving each carrier different final
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Quinn Insurance, Inc.
11815 M Street, Suite 200
Omaha, Nebraska 68137
Phone: (402) 891-1234
Fax: (402) 891-1252
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