Workers Comp Rates Easing, But Still High The price environment that workers compensation insurance buyers face at mid-year cant be called a softer, gentler marketplace, but conditions have eased somewhat, contend professionals in the sector.
Where employers in some cases last year were hit with demands for 100 percent premium boosts, this year increases will not exceed double digits, industry experts contend.
Given the variegated nature of each states workers comp market and the complex factors involved in individual policies, a true consensus of the coming renewals is hard to come by. Rate reductions are possible in rare instances, but rate increases are the norm, sources say.
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