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.
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
Temu Fined €200 Million by EU Over Dangerous Toys, Chargers 
Helicopter Crash in Georgia Kills Groom, Pilot, Hours After Huge Wedding Celebration 
Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’ 
