Author Archives: Mitchell Sharp

Connecticut Workers Comp Rates to Drop Again

CT Workers Compensation Rates in 2020 are Declining by a modest rate of  2.9% Connecticut Workers Compensation Rates in 2020 are going to be declining by a modest rate of 2.9 percent on average. The assigned risk pool will be seeing … Continue reading

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Tennessee Workers Compensation Rates are on the Decline in 2020

7 Percent Decrease on Overall Loss Cost Decrease for 2020 Tennessee Workers Compensation Insurance Rates in 2020 will be declining in 2020 for the seventh consecutive year. This announcement came in December from the Tennessee Department of Commerce and Insurance. The decreases … Continue reading

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Missouri Businesses will experience Moderate Decline in 2020

Next year, Missouri Workers Compensation Rates will enjoy the 6th consecutive year of continuing declines During the first week of December, The Missouri Department of Commerce and Insurance recommended a 1.6 percent decrease for workers compensation pure premium rates in 2020. … Continue reading

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Delaware Workers Comp Rates 2020

Delaware Workers Compensation Insurance Rates in 2020 On Tuesday, October 8, 2019, the Delaware Department of Insurance announced a workers compensation pure premium decrease for 2020. The decreases are an average -12.75% for the residual market and an average of -13.29% … Continue reading

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Third year of declines for Washington Workers Comp Rates

Washington Workers Compensation Rates in 2020 will be decreasing modestly by a rate of 0.8% On November 25th, the Washington Department of Labor & Industries (L&I) announced the business community will experience a moderate decline of 0.8% in 2020. This is the third … Continue reading

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Idaho Workers Compensation Insurance Rates are declining in 2020

Idaho Businesses should expect to pay 6.2% less for Workers Comp in 2020 In October of 2019, the Idaho Deparment of Insurance announced a 6.2 percent overall rate change to Idaho workers’ compensation insurance pure premium rates. These workers comp rates … Continue reading

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Oregon Workers Compensation Rates are Declining in 2020

On average, Oregon Workers Compensation Rates 2020 will be less than the previous year by an amount of 8.4 percent. This is in addition to a 9.7 percent for Oregon Workers Compensation Rates in 2019. These declines contribute to an overall 7 consecutive year decline … Continue reading

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Workers Compensation Rates in Florida are declining in 2020

7.5% Decrease Marks The Third Consecutive Decline in Florida Florida Workers Compensation Rates in 2020 are declining by an average of 7.5 percent. This comes after the National Council on Compensation Insurance (NCCI) recommended in September a modest decline of 5.4 percent. This … Continue reading

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Wisconsin Workers Compensation Rates to Fall by 8.8% in 2020

New Wisconsin Workers Compensation Rates 2020 approved by Commissioner of Insurance and are effective Oct. 1st, 2019 In 2020, the Wisconsin Business Community will be enjoying lower rates for Workers Compensation Insurance Premiums. Announced in July of 2019, Wisconsin’s Chief Insurance … Continue reading

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Carriers: Travelers Insurance

Workers Compensation Shop has been partnering with Travelers since its inception in 2005. Travelers Insurance is a carrier that has been operating in the insurance industry for 160 years. Over this long storied history, Travelers has earned a reputation as one … Continue reading

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