Kentucky Employers’ Mutual Insurance, a workers’ compensation insurance provider, lowered its rates for numerous industries throughout the state.
The rate reduction amounts to 6.7 percent overall and will impact both new and renewal policies effective Oct. 1.
KEMI President Roger Fries said implementation of various technologies allows the insurer to control medical costs and to be more diligent in promoting workplace safety.
Source: Kentucky Employers’ Mutual Insurance
Was this article valuable?
Here are more articles you may enjoy.
New US Data Centers Projected to Emit More Carbon Than All of Mexico
Walter’s Insurers Skirted Capital Rules With ‘Rolling’ Loophole
America’s Truckers on the Brink With 221 Bankruptcies This Year
Bayer Wins Roundup Trial as Settlement Decision Looms