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 Workers' Compensation Commercial Lines Business Insurance
Was this article valuable?
Here are more articles you may enjoy.
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
Toilet Paper Warehouse Fire Investigators Review Viral Video 
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
