The New Hampshire Insurance Department (NHID) approved a rate proposal filed by the National Council on Compensation Insurance (NCCI) that will reduce voluntary loss costs by 8% on average.
“Over the past several years, the state has worked hard, in coordination with our state agencies, to pursue policies that promote job growth and lessen the burden on our small employers,” said Governor Chris Sununu in an NHID press release. “These efforts, such as lowering the payroll deduction for workers’ compensation, combined with a strong commitment to employee safety by our business community, have produced this good news for New Hampshire.”
