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Posted-By:
Alabama Department of Insurance
Meeting-Date:
12/4/2025
Meeting-Time:
2:00PM
Notice History:
Submitted on 12/2/2025 7:22:36 AM
Meeting-Location:
201 Monroe Street
Ste 502
Montgomery, AL 36104
Phone-Number:
334-241-4199
Meeting-Type:
regular
Submission-datetime:
12/2/2025 7:22:36 AM
Notice:
ORDER [Notice of Hearing] A public hearing on proposed revisions of voluntary loss costs and rating values and assigned risk rates and rating values for workers compensation insurance as filed and requested by the National Council on Compensation Insurance, Inc. ["NCCI"], on behalf of insurance companies subscribing to NCCl's information for new and renewal business, with a proposed effective date of March 1, 2026, will commence at 2:00 pm Central Time on Thursday, December 4, 2025, before the Commissioner of Insurance or his designee in the Commissioner's conference room of the Alabama Department of Insurance on the 5th floor of RSA Tower, 201 Monroe Street, Montgomery, Alabama. The hearing location within RSA Tower may change. This notice, which will be published on the Department's Internet website, is given pursuant to Ala. Code § 27-2-29(a)(2) as amended. Representatives of NCCI may appear by video application from offices outside of Alabama. Attendance by members of the public in the Commissioner's conference room of the Department of Insurance will be permitted. Members of the public are requested to advise of their planned attendance at the hearing by 5:00 pm CT on Friday, November 28, 2025, through electronic mail to john.mcdonald@insurance.alabama.gov. Attendees are requested to check in at the receptionist's desk on the 5th floor of RSA Tower. There will not be public access to the hearing by video-feed or link. The NCCI filing proposes an overall average decrease of 4.5% to the current voluntary loss cost level and an overall average decrease of 3.6% to the current assigned risk rate level. Any persons so desiring may submit a written statement in favor of or against the proposed rating levels. Written statements may be directed to the Department's counsel identified below. Written statements must be received by 5:00 pm CT on Friday, November 28, 2025, by electronic mail to john.mcdonald@insurance.alabama.gov. Because the filing has not yet been approved and contains actuarial, trade secret or proprietary information, most of the filing is not considered a public record and will not be released in advance of the hearing. Limited release may be made upon proper request. NCCI is advised that the hearing will be transcribed by a court reporter and that the NCCI is responsible for reimbursing the Department of Insurance for the reporter's appearance fee and cost of preparing the transcript, including reproduction of exhibits.
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