The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) agreed to delay for at least one year implementation of a non-electronic filing fee for workers’ compensation residual market applications. NCCI had proposed requiring agents to pay a $45 fee for all assigned-risk applications submitted via mail or telephone after Sept. 18. This hard-copy surcharge had been proposed as a way to encourage agents to use NCCI’s new, free online Residual Market Application Processing Service (RMAPS) system.
Was this article valuable?
Here are more articles you may enjoy.
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
How Niche Insurance Shielded Bad Bunny From Bad Weather 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI From This Issue
