insurance rate reductions News

The Pennsylvania Departments of Insurance and Labor & Industry announced a 5.15 percent workers’ compensation rate reduction, effective April 1. “As a result of this action, we estimate that Pennsylvania employers will experience annual savings in workers’ compensation insurance costs …

An average of a 12.6 percent insurance rate reductions is in store for California homeowners insured with State Farm General Insurance Co., according to an announcement from California Insurance Commissioner Dave Jones on Thursday. The reduction will result in an …