Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates in the state will decrease for the fifth year in a row, effective December 1, 2021. The voluntary market is seeing another double-digit decrease in voluntary market loss costs, …
Connecticut Insurance Commissioner Andrew N. Mais issued a department notice on September 24 announcing a 30 day period of public comment on the National Council on Compensation Insurance’s (NCCI) voluntary loss cost and assigned risk rate filing. NCCI is proposing …
Delaware workers’ compensation insurance rates will decrease for the fourth year in a row, effective December 1, 2020. This comes as the voluntary market is seeing yet another double-digit decrease in loss costs, with an average 11.56% reduction, and residual …
Vermont businesses are going to be getting a break on the costs of their unemployment insurance, and people collecting unemployment benefits will be getting more money, Governor Phil Scott said Tuesday. Starting July 1, the Vermont Department of Labor will …
Florida Insurance Commissioner David Altmaier has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall decrease of 7.5% for Florida workers’ compensation insurance rates. This applies to both new and renewal …
State Farm Insurance Companies will cut its rates in Maryland for the second time in two years. As a result, its overall personal auto rate will drop by 1.4 percent. The total state-wide expected impact for State Farm by this …
State Farm Mutual Automobile Insurance Co. is dropping its overall personal auto insurance rate by 3 percent in Arizona. The total state-wide expected impact for State Farm Mutual by this rate decrease in Arizona will be roughly $22.3 million. Combined …
Workers’ compensation insurance will continue to cost less for most Vermont employers when new rates approved by the Department of Financial Regulation (DFR) become effective on April 1, 2019. This is the third rate decrease since Governor Phil Scott took …
The Connecticut Insurance Department has approved a nearly 17 percent decrease in rates for workers’ compensation insurance, marking the fifth consecutive year that rates have dropped in Connecticut. “This steady drop – nearly 50 percent over the last five years …
The price of workers’ compensation insurance in Washington could drop significantly in 2019. The Washington Department of Labor & Industries this week proposed a 5 percent decrease in the average premium employers pay for the coverage. If approved, the rate …
