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.
Cost of a Data Breach Reaches Record $5 Million on Average 
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal 
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026 
CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal 
