MS Rates

 

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NOTICE 

Important Information Regarding Mississippi Workers Compensation Assigned Risk Applications  

Effective May 7th, NCCI began processing workers compensation assigned risk applications for Mississippi.  Click here for details

 

PLEASE NOTE:

Rates are provided here for your convenience and should be used in conjunction with the rules and procedures for rating a workers compensation insurance risk as set forth in The Basic Manual for Workers Compensation and Employers Liability Insurance and other relevant manuals.  Particular attention should be directed to the rules concerning the anniversary rating date, application of an experience modification factor and determination of the minimum premium as these rules may affect the final premium for your risk.  In addition to manual premium, each policy includes an expense constant (currently $250) and may include separate charges for increased limits of employers liability and waivers of subrogation. 

 

Click the following link for Mississippi Rates by class:

    MS WC Assigned Risk Rates effective 3/1/2008

    MS WC Assigned Risk Rates effective 3/1/2007

    MS WC Assigned Risk Rates effective 3/1/2006

    MS WC Assigned Risk Rates effective 3/1/2005

    MS WC Assigned Risk Rates effective 3/1/2004

    MS WC Assigned Risk Rates effective 3/1/2003

    MS WC Assigned Risk Rates effective 3/1/2002

   

Employers Liability Limits

Employers liability limits are available under the MS Plan upon request of the employer as follows:

Limits of Liability % of Premium Minimum Premium
$100/500/100  no additional charge  n/a
$500/500/500  1.7% $100
$1,000/1,000/1,000 2.8% $150

 

Terrorism Risk Insurance Act (TRIA)

Effective November 26, 2002, any losses caused by certified acts of terrorism will be partially reimbursed by the United States under a formula established by federal law.  The portion of annual premium that is attributable to coverage for acts of terrorism for assigned risk in MS is $0.03 per $100 of payroll.  List the premium for TRIA on the line immediately after the expense constant. 

Domestic Terrorism, Earthquakes, and Catastrophic Industrial Accident (DTEC)

Effective January 5, 2005, the portion of annual premium that is attributable to coverage for acts of domestic terrorism, earthquakes, or catastrophic industrial accidents for assigned risk in MS is $0.01 per $100 of payroll.  List the premium for DTEC on the line immediately after the line for TRIA.

 

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