According to the rules & regulations within the NCCI as well
as other independent experience rating manuals, the current and
prior two experience ratings can be revised.
How is the rating Developed? Please click
Based upon this information we can review the
current as well as two prior experience rating worksheets to see
if there are potential changes that could cause a positive reduction
in the modifier. If a previously produced rating is revised, the
insurance policy impacted by the rating would have to endorse the
new “revised” rating. In addition, the insurance carrier
would have to revise and return your premiums.