Which organization provides the standard policy form for workers compensation and employers liability?

The National Council on Compensation Insurance (NCCI) is the organization responsible for creating and providing the standard policy form for workers compensation and employers liability. NCCI is a key authority in the workers' compensation insurance industry, focusing specifically on the development of the policy language and the establishment of rates that govern workers compensation insurance.

NCCI’s role is vital as it helps ensure that policy forms are standardized across the industry, which promotes clarity and consistency among insurers and consumers alike. Furthermore, by providing a standardized policy form, NCCI facilitates the process for employers to obtain coverage and helps implement uniform practices in the industry, which is essential for managing and mitigating workplace-related risks effectively.

Other organizations mentioned have different focuses. For instance, the Insurance Services Office (ISO) works on a variety of insurance policy forms and standard coverage options across multiple lines, but not specifically for workers compensation. The National Association of Insurance Commissioners (NAIC) is primarily involved in oversight and regulatory coordination across state insurance departments rather than in the creation of specific coverage forms. The Independent Insurance Agents of America (IIAA) serves as an association to represent independent agents rather than to establish policy forms. Thus, the accurate choice in this context is NCCI, as its expertise is specifically aligned with