Massachusetts Gov. Charlie Baker’s administration announced Wednesday that the state’s workers’ compensation rates will rise an average 1.5 percent beginning July 1. Officials said this nominal increase is the result of a settlement between the Division of Insurance’s State Rating …
The Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIBMA) has submitted a rate filing to the Division of Insurance on behalf of its members. The Dec. 23 filing recommends a 6.4 percent increase in average rates for industrial classes …
The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.75 percent of the policy premium for the new fiscal year, down from 5.8 percent during the last …
