Cedar Insurance Company filed in Maryland to adopt NCCI’s updated Workers’ Compensation loss costs without changing its own loss cost multiplier. The move results in a -12% overall rate impact, reducing premiums by $15,619 across one affected policyholder with $130,493 in written premium.

The filing, submitted through Martin & Company, reflects a strategy of passing through advisory loss cost changes directly to maintain competitiveness. The last rate revision for this program was unchanged, effective January 1, 2025.