Insurance Department Approves Workers' Comp Rate Cuts

DCI News - Missouri Department of Commerce and Insurance

The NCCI recently proposed an overall decrease of 7.5 percent for 2024 workers' compensation loss costs. The 7.5 percent decrease in loss costs ...

NCCI Recommends Workers' Compensation Rate Cuts for 2025

Last year, the insurance Department approved NCCI's recommended 9.8% average decline in voluntary market rates and 10.5% cut in assigned risk ...

Idaho approves workers' comp rate cut for 2025

The Idaho Department of Insurance has approved a 6.7% reduction in workers' compensation rates, set to take effect on Jan. 1.

Workers' Compensation Insurance Loss Cost Average Continues ...

DENVER - The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), has approved a reduction of 4.3% ...

Bureau of Insurance Approves Multi-Million Dollar Reduction in ...

The Maine Bureau of Insurance has approved a 15.7% average rate reduction in workers' compensation insurance premiums for the Maine Employers' Mutual Insurance ...

Idaho's workers' compensation rates to decrease for eighth ...

... rate filing for an overall average 6.7% reduction in Workers' Compensation rates ... rates to the Department of Insurance for review and approval.

Indiana Department of Insurance Approves Decrease in Workers ...

Robertson recently approved an average 7.6 percent reduction for Workers' Compensation rates, effective January 1, 2019. The approved rate decrease will ...

Navarro Announces Eighth Consecutive Workers' Comp Rate ...

Insurance Commissioner Trinidad Navarro announced today that workers' compensation insurance rates will decrease for the eighth year in a row, effective ...

Commissioner Lara issues new, lower workers' compensation ...

The Commissioner's action lowers the annual benchmark rate from currently $1.41 to $1.38 per $100 of payroll for workers' compensation insurance.

Handbook on Workers' Compensation and Occupational Diseases

Department of Insurance ([email protected]; toll-free 877/923 ... A settlement that is made without Commission approval does not close out the ...

Workers' Comp Insurance Rate Cut Effective January 1

On November 6, Florida Insurance Commissioner David Altmaier issued a final order approving a 7.5% decrease for Florida workers' compensation insurance ...

Delaware lowers workers' comp rates for eighth consecutive year

Earlier this week, the Idaho Department of Insurance approved its own reduction in workers' comp, marking its eighth consecutive year of ...

Office of Insurance Regulation approves workers' compensation rate ...

Effective January 1, the reduction applies to both new and renewal policies across the state and will see a 15.1 percent decrease for industrial ...

OIR Approves an 15.1% Decrease in Workers' Compensation ...

OIR Approves an 15.1% Decrease in Workers' Compensation Insurance Rates for 2024 ... Florida Insurance Commissioner Michael Yaworsky issued a ...

Long Approves Workers' Compensation Insurance Rate Reduction

Base Rates to Drop 13%. RALEIGH - Insurance Commissioner Jim Long today announced that he has approved a 13.7 percent average decrease in the base rates paid by ...

Insurance Department Approves 4.2% Rate Cut| Workers ...

The Idaho Department of Insurance approved a National Council on Compensation Insurance recommendation to reduce rates, by 4.2%, effective Jan. 1.

Donelon Approves Workers Compensation Rate Decrease - LDI

Donelon Approves Workers Compensation Rate Decrease ... Louisiana Insurance Commissioner Donelon approved the annual loss cost filing of the ...

US workers' comp insurers reduce rates across 36 states in Q1

The Hartford Financial Services Group Inc. led the field by securing approval for 79 rate cuts across nine states for an aggregate calculated ...

Missouri Regulator Recommends 8.1% Workers' Comp Rate Cut

According to a recent A.M. Best Statistical Study, the top 25 U.S. writers of workers' compensation insurance saw an average 15% fall in direct ...

Regulators Approve Workers' Compensation Rate Cut - CBIA

Workers' compensation premium rates will drop 3% for the Connecticut voluntary market in 2023. The Connecticut Insurance Department approved ...