Effective April 1, 2026, Chesapeake Employers’ Insurance Company will lower its net rates by 4%, further easing workers’ compensation expenses for Maryland business owners. This is the 11th consecutive year that the company has reduced its rates.
“Overall, Maryland’s employers have shown a strong commitment to workplace safety, and that focus helps prevent injuries and lower workers’ compensation costs,” said Mark Isakson, President and CEO. “At Chesapeake Employers, we are committed to keeping workers’ compensation coverage fairly priced and to ensuring Maryland employers and their workers remain protected.”
Chesapeake Employers’ rates are subject to approval from the Maryland Insurance Administration. Maryland business owners are encouraged to contact their insurance agent or Chesapeake Employers at ceiwc.com to get a quote. Chesapeake Employers is rated A (Excellent) by A.M. Best.
Topics Commercial Lines Workers' Compensation Business Insurance
Was this article valuable?
Here are more articles you may enjoy.
Six People Injured After Floor Collapses at New Hampshire Wedding Venue 
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
