The Missouri Department of Commerce and Insurance is recommending a 7.7 percent decrease in workers’ compensation insurance loss costs for 2022. This marks the largest overall decrease since 2009. “Recommended loss costs are decreasing significantly for 2022, due to the …
The Missouri Department of Insurance in December recommended a 3.5 percent decrease in workers’ compensation insurance loss costs for 2019. This marks the fifth year in a row that average workers’ compensation rates will decrease. The department cited declining lost-time …
In a move that Republicans contend will make Missouri more attractive to businesses, the state Senate has approved legislation to expand the workers’ compensation program. The measure, SB572, approved with a largely party-line 28-6 vote, would cover occupational diseases under …
