Delaware Business Group to Promote Workers’ Comp Discount Program

October 16, 2009

The Central Delaware Chamber of Commerce said it will begin working with state insurance regulators to promote the insurance department’s workplace safety program to its nearly 900 members.

The program represents a potential savings for some companies. Delaware state law provides for discounts of up to 19 percent on workers’ compensation insurance for businesses that pass an inspection bye the states insurance department.

The workplace safety program was created over 20 years ago to help employers establish and maintain safer-than-average workplaces and reduce their workers’ compensation premiums. This year, Delaware businesses have saved over $6 million in combined workers’ compensation premiums.

The Central Delaware Chamber of Commerce will promote the workplace safety program through its Chamber Connections newspaper, its electronic news bulletin and on its Web site.

“We worked with the other Chambers in the State to get legislation passed in the recent years to help reduce our members’ workers’ compensation costs overall and now they have this program to help reduce those costs even further,” said Judy Diogo, president of the Central Delaware Chamber of Commerce. “We see this as a great benefit to our members.”

Added Insurance Commissioner Karen Weldin Stewart: “We’re pleased to be working with the (Central Delaware Chamber of Commerce) to bring this highly beneficial program to a great number of Delaware businesses that might not otherwise be aware of it. Small businesses are the life’s blood of Delaware’s economy and the Workplace Safety Program operates to significantly cut one of their most substantial costs of doing business.”

Applicants can download information about the workplace safety program from the insurance department’s Web site.

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