The Pennsylvania Insurance Department has approved a 2.89 percent average rate reduction for workers’ compensation premiums, saving employers an additional $32.5 million in premiums this year.
“Pennsylvania has a very competitive marketplace for workers’ compensation insurance due, in large part, to our overall reforms and focus on workplace safety,” Commissioner Diane Koken said. “We had seen some small rise in premiums in recent years, but I am encouraged that we are back on track.”
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Insurer Nationwide Operating Income Up 37% in 2025 
March Sadness: 20,000 New Englanders Lose Out on $50 Million in Refunds 
Public Adjuster Accused of Swiping $600,000 in Hurricane Ian Insurance Payments 
Judge Trims Wrongful Death Suit Claims Over Spicy Chip Challenge From This Issue
