Tag Archives: Rates

Idaho Workers Compensation Rates to Decrease in 2020 by 6.2 Percent

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 »

Nevada Workers Compensation Rates 2019

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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 »

The State of Utah Workers Compensation System in 2019

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 »

Kentucky Workers Compensation Rates Are on The Move

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 »

Indiana Workers Compensation Rates are Declining by 7.6%

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 »

Workers Comp Rates in North Carolina are Declining by 17.2% in 2019

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 »

Colorado Workers Compensation Insurance Rates 2019

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 »

What does the California Work Comp Rate Reduction mean?

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 »