The business community in the state of Wisconsin will benefit from lower workers comp premiums in 2020. The Wisconsin Chief Insurance Regulator annouonced back in July of 2019 that it had approved an overall 8.84% decline in premium. These Wisconsin Workers Compensation Insurance Rates were made effective as of Oct. 1st, 2019…. Read more »
Oregon Workers Comp Rates in 2020 will be declining for the 7th year in a row. Next year the declines will amount to an 8.4 percent decline compared to the previous year. In 2019, the Oregon Business Community enjoyed 9.7 percent declines. Altogether, the declines have equaled 45 percent over… Read more »
Idaho Workers Compensation Rates again head in the right direction The Idaho Department of Insurance as of October 2019, has approved a proposal for a 6.2 percent overall rate decrease to Idaho Workers’ Compensation Insurance. This decrease goes in to effect on Jan. 1, 2020. Before this announcement, Idaho Workers Compensation was… Read more »
In 2019 Nevada Workers Compensation Rates will be Some of the Lowest in the Country Effective the first of March, 2019; Nevada Workers Compensation Rates will be 8.1% lower than the previous year. This is great news because rates on coverage were already the 46th most expensive state for purchasing… Read more »
Utah Workers Compensation Rates 2019 The Utah Workers Compensation System is different from the way other states administer the ‘Exclusive Remedy’. The business community benefits from these differences in the form of some of the lowest rates for workers comp premium in the United States of America. In the state… Read more »
Marking more then a decade of declines, Kentucky Workers Compensation Rates are declining again in 2019 In Kentucky, businesses will be paying less for workers compensation insurance in 2019. They will be paying 10.8 percent less on average compared to 2018. Amazingly, this is the 13th consecutive year of continuing… Read more »
See What is Contributing to The Improvements in The Indiana Workers Compensation System Workers Compensation Rates in the state of Indiana are declining in 2019. The amount they are declining is by an average of 7.6 percent. The Indiana Department of Insurance approved the rate decrease in October. The savings… Read more »
See how this decline will impact the North Carolina Business Community In the year 2019, North Carolina Businesses will be paying an average of 17.2% less for workers compensation insurance premium. This is in addition to a 12.5% decrease in 2017 and 8.5% decrease in 2016. According to Mike Causey,… Read more »
In 2019 Colorado Workers Compensation Insurance Rates are Declining by 10 percent Colorado Workers Compensation Insurance Rates in 2019 will be decreasing by 10 percent on average across all classification codes. This decrease will go in to effect on January 1, 2019; representing the fourth straight year Colorado has enjoyed a… Read more »
The California Department of Insurance has approved a 9.5 % drop in work comp rates, but what does this mean for your business? Earlier this week there was some very good news that came out for business owners in the state of California. This news was that the California Department… Read more »