compensation

WA State proposes increases in workers' compensation insurance rates

WA State proposes increases in workers’ compensation insurance rates

The Washington Department of Labor and Industries has proposed a 4.8% increase in workers’ compensation insurance payments in 2023. All Washington employers must purchase workers’ compensation coverage through L&I or be self-insured. Workers’ compensation covers medical care, wages, and disability benefits for injured workers. If approved, insurance will increase an average of 4.8% across all …

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New Workers' Compensation Insurance Rates Will Save Indiana Businesses $80 Million

New Workers’ Compensation Insurance Rates Will Save Indiana Businesses $80 Million

(The Center Square) – Indiana businesses will see lower workers’ compensation insurance rates next year due to lower claims frequency and lower cost per claim. Indiana Department of Insurance Commissioner Amy Beard approved a 10.3% average drop in workers’ compensation rates, as recommended by the Indiana Compensation Rating Bureau. The new rates come into effect …

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Workers' compensation insurance for the self-employed: here's what you need to know

Workers’ compensation insurance for the self-employed: here’s what you need to know

For many employees who work for other people, the only person you need to think about getting insurance for is yourself and your family. Many small and large businesses will also have various insurance options for their employees. But for independents, things are a bit more complicated. Freelancers only work for themselves and work directly …

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