workers compensation rate reduction News

California Workers’ Compensation Insurers Propose Rate Cut

The Workers’ Compensation Insurance Rating Bureau on Tuesday submitted a July 1 Pure Premium Rate Filing to the California Department of Insurance proposing advisory pure premium rates that average $2.02 per $100 of payroll. The move follows a vote by …

Ohio BWC Proposes Private Employer Workers’ Comp Rate Reduction

Ohio Bureau of Workers’ Compensation (BWC) is proposing to reduce overall premium rate levels for private employers beginning July 1, 2015. The 10.8 percent reduction would result in a decrease in projected annual premium of $153 million, the BWC. If …