And Who Might Benefit From a Ghost Policy? A Ghost Insurance Policy is a type of Workers Compensation Insurance Policy where the owner of a business is excluded from coverage and they are the only employee of the business. There must be no additional employees for the business in order for a… Read more »
5 years of Continued Declines for Louisiana Workers Compensation Rates 2019 Starting on May 1st, 2019 the Business Community will be saving 5.6 percent on average for Louisiana Workers Compensation Rates 2019. Louisiana Insurance Commissioner Jim Donelon said, “Rates have had a cumulative drop of 19 percent over the last… 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 »
Connecticut Workers Compensation Insurance Rates are going to be going down in 2019!!! Connecticut Workers Compensation Rates are on the decline for next year. Decreasing by an average of 17%. This is a significant amount of a decline and it marks the fifth year in a row that businesses have paid less… 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 »
Alaska Workers Compensation Insurance Rates are Declining in 2019 In 2019 Alaska Workers Compensation Insurance Rates are going to decline by 17.5%. This decrease in recommended workers compensation insurance premium rates was announced by the Alaska Division of Insurance on November 6th and will go in to effect the first… Read more »
Volatility in Workers Compensation Florida Rates 2019 Continues This year the Workers Compensation Florida Rates 2019 are moving in a positive direction for small business owners. The Florida Insurance Commissioner, David Altmaier, has approved a revised workers compensation rate filing of 13.9 % decrease. According to Altmaier, ‘The rate increase… Read more »
5 industries that can benefit from Pay as You Go Pay as You Go Workers Compensation Insurance is a unique payment option for paying for Pay as You Go Workers Comp Premium. The program allows businesses to get coverage in place at a significantly lower amount up-front. This can benefit cash-strapped businesses… Read more »