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Insurance costs are up double-digits in many places, but not workers comp…

Connecticut workers’ compensation premium rates will fall for a 10th consecutive year in 2024.

The CT Insurance Dept. approved the rate cuts Oct. 24, accepting the National Council on Compensation Insurance’s recommendations that were filed in September.

Regulators approved NCCI’s recommended 9.8% average decline in voluntary market rates and an average 10.5% cut in assigned risk rates.

That’s a lot!  Call us to check out your new workers’ compensation possibilities.

Workers Compensation Insurance going down!

 

kyle (879)