The Iowa Insurance Division reports that a proposed workers’ compensation rate filing would lower rates by 4.7 percent next year.
The National Council on Compensation Insurance Inc. has made a rate filing that proposes an overall decrease in voluntary and assigned risk rates of 4.7 percent from the current rates that became effective Jan. 1, 2016.
The filing has a proposed effective date of Jan. 1, 2017.
Source: Iowa Insurance Division
Was this article valuable?
Here are more articles you may enjoy.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
