Idaho workers’ compensation insurance rates will be increasing an average of 3.7 percent in 2011, according to the state Department of Insurance. The average rate increase is based on National Council on Compensation Insurance recommendations.
The state said rates have declined 2.6 percent in 2010 and 3.8 percent in 2009, but the number of open claims and increase in claims costs necessitate an increase.
Was this article valuable?
Here are more articles you may enjoy.
Humans Still Matter to Insurance Consumers, Says Big ‘I’ Survey
Baldwin Group to Go Private After $7.7B Investment Deal
US Data Centers Set to Burn More Natural Gas Than Most Nations
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud 

