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Tag Archives: rate reduction

NCCI petitioning for workers' comp rate decrease

JACKSON — Employers in Mississippi could start paying less for workers’ compensation insurance as early as next March, pending approval of a rate filing at the Mississippi Insurance Department. The National Council on Compensation Insurance has filed an average 3.2 percent statewide rate reduction with the MID. “At a time when we are seeing so many filings and rate requests ...

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TEC lowers long distance rates for residences, businesses

BAY SPRINGS — TEC has decreased its residential and business non-day long distance rates by 17 percent. The rate decrease is retroactive to May 1. “As part of our vision, TEC’s focus is to make a positive impact on our customers, our employees and our community,” said Joey F. Garner, executive vice president of TEC. “In today’s economy, we are ...

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Mississippi Power files rate reduction plan with PSC

GULFPORT — At the request of Public Service Commissioner Leonard Bentz, Mississippi Power Company has filed a rate reduction incentive plan that includes rate reduction incentives for new businesses as well as incentives for existing businesses. In August, Bentz passed a plan aimed at helping to encourage the development of new small businesses with the requirement that utility companies also ...

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