The Missouri Department of Commerce and Insurance (DCI) announced that employers should see a reduction in workers’ compensation rates in 2025, marking the fourth straight year of decreased rates. The projected rate reduction is based off preliminary figures collected by …
Louisiana Insurance Commissioner Jim Donelon has approved a 9% reduction in workers’ compensation rates for 2024. The decrease will take effect in May 2024. Louisiana has seen workers’ compensation rates fall over the last two decades. Rates have had a …
Indiana Department of Insurance Commissioner Amy L. Beard recently approved a decrease of 10.3% on average for Workers‘ Compensation rates recommended by the Indiana Compensation Rating Bureau (ICRB), effective January 1, 2023. Individual employers may experience a rate change different …
Vermont Governor Phil Scott announced that rates for workers’ compensation premiums will drop by about 11% when new rates take effect in April. Scott’s administration said the reductions are part of a trend in workers’ compensation rates, which have decreased …
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 …
The State Compensation Insurance Fund is seeking to cut its workers’ compensation rates, per a recent filing with the California Department of Insurance. The rate filing also includes an overall 9.5 percent rate reduction due to improvements in State Fund’s …
A new study on worker’s compensation across 17 states shows that reforms sometimes work – and such is the case of sweeping reforms made in California, the report shows. The Workers Compensation Research Institute, an independent, not-for-profit research organization based …
Delaware Insurance Commissioner Karen Weldin Stewart today announced action taken with respect to workers’ compensation insurance rates and loss costs effective Dec. 1, 2012. Commissioner Stewart approved an amended filing submitted by the Delaware Compensation Rating Bureau Inc. (DCRB) which …
