NU Online News Service, May 23, 4:08 p.m. EDT--Workers' compensation premiums for employers in Massachusetts will decrease three percent in September, despite concerns about rate inadequacy.
The decrease is the result of an agreement between the Division of Insurance's State Rating Bureau, the Workers' Compensation Rating and Inspection Bureau, and state Attorney General Tom Reilly.
"We are pleased to reach an agreement that will lower the cost of workers' compensation insurance and lessen the burden placed on Massachusetts businesses," Mr. Reilly said.
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