The PA Compensation Rating Bureau has approved a 5.7% rate reduction for the average workers compensation premium rate in Pennsylvania for 2012. Some class code rates may increase or decrease depending on state loss ratios, but the overall affect should equal nearly $160 million in premium savings on pa workers compensation rates for employers over the next 12 months.
PA employers can follow our information page at: http://www.workerscompensationshop.com/insurance-states/pennsylvania/pa-workers-comp-information.html