Navarro Announces Ninth Consecutive Workers’ Comp Rate Decrease
Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the ninth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 11.6%, and the residual market will see an average rate reduction of 9.08%. Residual markets are often seen as the ‘last […]
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 […]
