NCCI has requested a 6.4% increase in average loss costs in a filing with the Rhode Island Department of Business Regulation (DBR). NCCI requested that this increase be effective June 1, 2012

NCCI said Rhode Island lost time claims frequency remains the highest among Northeastern states, while claims severity remains the lowest in the region.

Time for brokers to increase value to their clients as premiums start to rise and clients start to shop.

DBR is soliciting written comments on the loss costs filing, comments are due by next Monday.

See notice of Solicitation of public comment from DBR here.