Missouri businesses could face significantly higher costs for workers’ compensation insurance next year, due partly to a new law that seeks to shore up a financially troubled state fund for disabled workers. Workers’ compensation insurers in Missouri are likely to …
Florida’s employers can look forward to little, if any, change in their 2014 workers’ compensation rates as the state’s industry-backed rating agency has filed for a modest statewide average 1 percent rate increase. The industry’s National Council on Compensation Insurance …
A state panel looking at soaring workers compensation rates in Delaware is considering a two-year freeze on inflation-based fee increases for medical providers. The proposal is one of several the panel was to consider at its meeting on April 19 …
A state panel looking at soaring workers compensation rates in Delaware is considering whether injured workers should be paid total disability benefits for 90 days even if they can perform light duty in the workplace. The proposal is one of …
New York Gov. Andrew Cuomo said this week that employers in the state are poised to save some $800 million annually, thanks to reforms in the state workers’ compensation system that were included in the recently passed state budget. At …
Pennsylvania Insurance Commissioner Mike Consedine announced Thursday that a workers’ compensation rate reduction will go into effect next week for employers. The overall decrease of 4.01 percent is effective April 1, 2013.”We are very pleased with the rate reduction which …
Virginia’s State Corporation Commission (SCC) announced on Jan. 8 that the commission has approved revisions to the premium levels charged for the state’s workers’ compensation insurance. The National Council on Compensation Insurance (NCCI) sought the revisions. The changes approved by …
Delaware Insurance Commissioner Karen Weldin Stewart today announced action taken with respect to workers’ compensation insurance rates and loss costs effective Dec. 1, 2012. Commissioner Stewart approved an amended filing submitted by the Delaware Compensation Rating Bureau Inc. (DCRB) which …
The New Jersey Department of Banking and Insurance has approved an 8.3 percent increase in manual rates and rating values applicable to New Jersey workers compensation and employers liability insurance effective January 1, 2013 on a new and renewal basis. …
South Carolina employers could see their workers’ compensation premiums increase next year if state regulators go along with a proposed 7.3 percent increase in the state’s loss cost rates. The National Council on Compensation Insurance filed for the proposed increase …
