Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout after a qualifying event and protect against unpredictable but …
Colorado businesses will see a large reduction in “loss costs” associated with workers’ compensation premiums in 2018, according to the Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA). The department recently approved a large reduction …
Missouri businesses could see a decline in their workers’ compensation insurance premiums next year. The state insurance department says a new report by the National Council on Compensation Insurance indicates that insurers are likely to see a 3.7 percent drop …
West Virginia employers would continue to benefit from lower workers’ compensation rates if the state agrees with an industry filing that loss costs be cut by 8.1 percent. Since the state privatized its workers’ compensation system in 2006, after operating …