Arkansas Insurance Commissioner Alan McClain announced on March 10 that Arkansas businesses could see another rate decrease in workers’ compensation insurance in 2022. The Arkansas Insurance Department (AID) approved an average overall average workers compensation voluntary market loss cost level …
The Missouri Department of Commerce and Insurance is recommending a 1.6 percent decrease in workers’ compensation insurance loss costs for 2020. This marks the sixth year in a row that average workers’ compensation rates will decrease. The 1.6 percent decrease …
The Missouri Department of Insurance is recommending a 4.4 percent decrease in workers’ compensation insurance loss costs for 2015. The key driver of the decrease is the favorable loss experience in 2012, according to the department. “A decrease in large …
Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance will decrease in Louisiana effective May 1, 2015. Donelon recently approved a 2.4 percent decrease in workers’ compensation loss costs submitted by the National Council on Compensation …
