Rhode Island workers’ compensation News

R.I. Lowers Assessment Rate for Workers’ Comp Insurers to 6.65%

The Rhode Island Department of Labor and Training (DLT) announced last week that it has cut the administrative assessment rate charged to insurance companies providing workers’ comp coverage in Rhode Island. For fiscal year 2015, DLT has reduced the rate …

R.I. Approves WC Advisory Loss Costs Increase of 2.5% for Industrial Classes

Rhode Island’s Department of Business Regulation, Insurance Division, on May 15 approved a +2.5 percent overall increase in advisory loss costs for workers’ compensation for industrial classes and an overall increase of +5.4 percent for “F” classes. The approved increases …

NCCI Proposes Increase for Workers’ Comp Loss Costs in Rhode Island

The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Rhode Island Department of Business Regulation. Based upon its review of the most recently available data, NCCI has proposed on Nov. 25 an …