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Showing posts with label Premium Decrease. Show all posts
Showing posts with label Premium Decrease. Show all posts

Tuesday, October 5, 2021

NJCRIB Requests a 4.9% Premium Decrease for 2022

The NJ Compensation Rating and Inspection Bureau [NJCRIB] submitted a filing to the Department of Banking and Insurance seeking a 4.9% decrease in the overall premium and rate level effective January 1, 2022. The proposed revision is based upon the most recent experience and a review of classification relativity.