The DOI approved a stipulation providing a 6.8% reduction in the existing overall average workers’ compensation insurance, for all policies effective on or after July 1, 2020, an additional 3% decrease over the initial rate filing.
WCRIBMA News | Workers Compensation Rating Bureau
WCRIBMA Files 3.8% Workers’ Comp Insurance Rate Decrease Request With the Massachusetts Division of Insurance
This is the second rate decrease in row that the WCRIBMA has requested with the Division of Insurance.
Workers’ Compensation Audit Noncompliance Surcharge Equal to Two Times Premium Now in Effect
Workers’ compensation carriers may for the next two years add an audit noncompliance charge endorsement to their voluntary policies.
