Workers’ compensation rates unchanged in Massachusetts

workers compensation insurance rejection

Division of Insurance rejects proposals to make workers’ compensation insurance more expensive The Massachusetts Division of Insurance has announced that it has rejected proposals to increase the rates of the state’s workers’ compensation insurance program by 18.8%. The decision comes at the end of a five-month long review process which examined the necessity of the proposed rate increase. The rate increase proposals came from the Massachusetts Workers’ Compensation Rating and Inspection Bureau. Regulators have determined that the rate increase proposal is not necessary and that workers’ compensation insurance prices will…

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