Massachusetts Gov. Charlie Baker’s administration announced Wednesday that the state’s workers’ compensation rates will rise an average 1.5 percent beginning July 1. Officials said this nominal increase is the result of a settlement between the Division of Insurance’s State Rating …
The Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIBMA) has submitted a rate filing to the Division of Insurance on behalf of its members. The Dec. 23 filing recommends a 6.4 percent increase in average rates for industrial classes …
The Massachusetts Division of Insurance (DOI) announced Friday it has reached a settlement with the Workers’ Compensation Rating and Inspection Bureau (WCRIB) and the Massachusetts Attorney General’s office to keep the state’s workers’ comp rates at current levels. The WCRIB …
At a recent public hearing, Massachusetts Attorney General Martha Coakley’s office expressed its opposition to the workers’ compensation average rate increase proposal and argued that the rate should be lowered instead. The Attorney General’s office expressed its view at the …
The Massachusetts Division of Insurance announced Tuesday a hearing will be held on Jan. 30 to consider the request of the Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB). WCRIB is a private non-profit unincorporated association of insurers that …
Massachusetts insurance commissioner Joseph Murphy will hold a public hearing March 30 to examine a rate increase request from The Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB). The request, filed on March 1, calls for a 19.3 percent …
