The Pennsylvania Insurance Department has approved a 2.89 percent average rate reduction for workers’ compensation premiums, saving employers an additional $32.5 million in premiums this year.
“Pennsylvania has a very competitive marketplace for workers’ compensation insurance due, in large part, to our overall reforms and focus on workplace safety,” Commissioner Diane Koken said. “We had seen some small rise in premiums in recent years, but I am encouraged that we are back on track.”
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Preparing for an AI Native Future 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Judge Awards Applied Systems Preliminary Injunction Against Comulate From This Issue
