FHBA President-Elect Addresses Worker’s Comp Hearing

FHBA President-election Jeremy Stewart addressed the Officer of Insurance Regulation early last week. Insurance Commissioner David Altmaier held the public hearing in response to the 19.6% proposed workers compensation increase as recommended by the National Council of Compensation Insurers (NCCI). Click here to view Jeremy’s testimony which focused on the impact of the proposed workers compensation increase on recent housing projects. He is the first presenter. Much of the testimony following his criticizes the NCCI rate filing as too high or too low. Commissioner Altmaier is expected to announce his decision by the first of the month. Stay tuned to FHBA publications for news as it is available.

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