Navarro Announces Eighth Consecutive Workers’ Comp Rate Decrease
Additionally, Workplace Safety Program eligibility changes will help more companies stay safe and save money Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 8.4%, and the residual market will […]
Navarro Announces Seventh Consecutive Workers’ Comp Rate Decrease
New rates will be effective December 1 UPDATE: Following a review of the Delaware Compensation Rating Bureau (DCRB) filing by independent actuaries and a public hearing with DCRB and the State’s Ratepayer Advocate, the final Workers’ Comp rates have been approved. Commissioner Navarro is proud to announce that additional decreases have been negotiated from the […]
Update: Sixth Consecutive Workers’ Comp Rate Decrease Announced
Double-digit drop will be effective December 1 Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the sixth year in a row, effective December 1, 2022. Both the voluntary market and the residual market will see rate decreases in the double digits. “Lowering worker’s compensations costs time and time again […]
Workers’ Comp Rates to Decrease for Fifth Consecutive Year
Double-digit drop effective December 1 Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the fifth year in a row, effective December 1, 2021. The voluntary market is seeing yet another double-digit decrease in voluntary market loss costs, with an average 21.02% reduction, and residual market rates will go down […]
Workers’ Comp. Insurance Rates Drop for Fourth Consecutive Year
Decrease and Workplace Safety Program save businesses money during unprecedented time Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the fourth year in a row, effective December 1, 2020. The voluntary market is seeing yet another double-digit decrease in loss costs, with an average 11.56% reduction, and residual market […]
