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Notice of Workers Comp Rate Hearing

to be held November 29, 2005

Contact: Vincent R. Ledlow, Assistant Attorney General

334-240-4411

11/1/2005

 

A public hearing on the proposed loss costs and rating values for the workers compensation voluntary market and the assigned risk rates and rating values as filed and requested by the National Council on Compensation Insurance will be held 10:00 a.m. on Tuesday, November 29, 2005, at the Alabama Insurance Department, Conference Room, 17th Floor, RSA Tower, 201 Monroe Street, Montgomery, Alabama.  The filing proposes an overall increase of 9.1% for the voluntary loss costs and an overall increase of 9.0% for assigned risk rates. 

 

Any persons so desiring may submit a written statement in favor or against the proposed change in rates and may, in addition, make an oral statement at the hearing.