A national group is recommending that the state of Louisiana cut workers’ compensation rates by 5 percent because of fewer workplace claims among other factors. The Times-Picayune reports the National Council on Compensation Insurance has filed documents with the Louisiana …
Workers’ compensation loss costs used by insurers in figuring rates to charge employers are going down for the eighth straight year. The loss cost figures show an average reduction of 7.9 percent for the 590 industrial classes used in Kentucky, …
The National Council on Compensation Insurance (NCCI) has filed for an 4.5 percent decrease in voluntary advisory insurance rates in Illinois, effective Jan. 1, 2014. The Illinois Workers’ Compensation Commission noted the filing follows a 3.8 percent decrease in 2013. …
