Oregon Department of Consumer and Business Services News

Oregon Workers’ Comp Costs to Drop Sixth-Straight Year

Oregon employers next year will pay an average of $1.12 per $100 of payroll for workers’ compensation insurance, down from $1.23 in 2018, under a proposal by the Oregon Department of Consumer and Business Services. This will mark the sixth …

Stolfi New Administrator of Financial Regulation in Oregon

The Oregon Department of Consumer and Business Services has named Andrew Stolfi administrator of the division of Financial Regulation. Stolfi’s first day at DCBS will be Feb. 1. He replaces Laura Cali, who is now the chief financial officer at …

Oregon Workers’ Comp Costs to Drop for 5th Consecutive Year

Oregon employers will see a key portion of their workers’ compensation costs drop by an average of 14 percent in 2018, according to the Department of Consumer and Business Services. This marks the fifth year in a row that businesses …

Report Shows California and New Jersey Have Highest Workers’ Comp Rates

California and New Jersey had the nation’s most expensive workers’ compensation rates, while North Dakota had the lowest rates in the nation, a new report shows. A report released this week by the Oregon Department of Consumer and Business Services …

Suspension of Insurance Carrier Lifted in Alaska, Oregon

Insurance regulators in Alaska and Oregon announced that a company that had been suspended from offering health insurance policies in the states over concerns with its financial condition will be allowed to resume that business. The Alaska Division of Insurance …

Oregon Workplace Deaths Down in Second Quarter of 2015, Report Shows

Workplace deaths in Oregon for the second quarter of 2015 were down markedly from the previous quarter, possibly resuming a long-turn trend of deaths on average falling steadily since the 1980s, according to the the state bureau that tracks the …

California’s Industrial Director Challenges Workers’ Comp Report

California’s Department of Industrial Relations Director it taking a bit of umbrage with a study released last week that showed the state was ranked as the costliest for workers’ compensation. Despite major workers’ comp reforms signed into law in 2012 …

How States Rank, High to Low, in Workers’ Compensation Premiums

A list of state rankings for workers’ compensation premiums shows a slight drop in premiums in the last two years, and that a number of states are close in terms of how much employers are paying. The list put out …

Oregon Threatens To Decertify Workers’ Comp Group

Oregon insurance regulators said that they’ve taken the first steps toward decertifying a workers’ compensation self-insurance trust and will shut it down next week if the employers can’t come up with $750,000. The Oregon Department of Consumer and Business Services …

Oregon’s Consumer and Business Department Names Premium Assessment Rate

An assessment rate of direct earned premium is necessary for the Oregon Department of Consumer and Business Services to carry out its statutory responsibility to regulate, administer, and enforce the workers’ compensation and occupational safety and health laws of the …