BEFORE THE DIRECTOR OF INSURANCE STATE OF SOUTH CAROLINA   IN THE MATTER OF:  Application of the  National Council on Compensation  Insurance, Inc.  For a Revision in their Workers’  Compensation Program Loss Costs, and  Corrective Action Order      To Revise Workers’ Compensation  Assigned Risk Rates  NOTICE OF A FILING AND CORRECTIVE ACTION ORDER     The above-captioned rating organization has filed an overall decrease of 0.4 % in its voluntary workers’ compensation loss costs. The effective date is April 1, 2026. These are loss costs and not final rates. The workers’ compensation policy provides coverage to employers in accordance with the South Carolina Workers’ Compensation laws. The changes in loss costs vary depending on the classifications as follows:   Changes to Workers’ Compensation Loss Costs by Industry Group Effective 04/01/2026   Industry Group           Average            Maximum Increase          Maximum  Decrease Manufacturing            - 2.7%                   + 22.0%                                     - 28.0% Contracting                 - 1.0%                   + 24.0%                                     - 26.0% Office & Clerical           - 4.6%                  + 20.0%                                    - 30.0% Goods & Services         + 2.4%                 + 27.0%                                    - 23.0% Miscellaneous              + 0.5%                  + 26.0%                                    - 24.0%   Additionally, the South Carolina Department of Insurance recently issued a Corrective Action Order that increased the overall average assigned risk rate level that has been in effect since April 1, 2025. The updated assigned risk rates are effective April 1, 2026. The order has specified that for the industrial classification codes, a loss cost multiplier of 3.604 shall be applied to the South Carolina voluntary market loss costs effective April 1, 2026. Based on the change in the assigned risk loss cost multiplier and the voluntary market loss cost level changes effective April 1, 2026, an estimated increase of 8.5% in the assigned risk average rate level results.    The estimated average, maximum, and minimum class level changes by industry group are as follows:   Changes to Workers’ Compensation Assigned Risk Rates by Industry Group Effective 04/01/2026   Industry Group           Average               Maximum Increase                  Maximum Decrease Manufacturing                  + 6.0%                  +31.0%                                        - 19.0% Contracting                       + 7.8%                 +33.0%                                         - 17.0% Office & Clerical               + 3.9%                  +29.0%                                         - 21.0% Goods & Services              + 11.6%               +37.0%                                          - 13.0% Miscellaneous                   + 9.5%                  +35.0%                                          - 15.0%   Any insured or party affected by this insurance loss cost change may request, in writing by 5:00 p.m. on February 16, 2026, a public hearing upon the loss cost increase before the Administrative Law Court. Those requests should be forwarded to: Gwendolyn McGriff, General Counsel, South Carolina Department of Insurance, Post Office Box 100105, Columbia, South Carolina 29202-3105. A copy of the Corrective Action Order with the attached filing may be obtained at www.doi.sc.gov.   At the same time, you must also mail a copy of your request for a hearing to the Clerk of the South Carolina Administrative Law Court together with a $350 filing fee to the following address: South Carolina Administrative Law Court, 1205 Pendleton Street, Suite 224, Columbia, South Carolina 29201.   Please do not send the $350 filing fee to the Department of Insurance.