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.
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme 
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
More Insurance M&A Deals on the Horizon? 
