North Carolina Approves Comp Rate Decrease
The state’s insurance commissioner has approved a 4.4 percent workers’ compensation voluntary market rate decrease effective April 1.
Comments 0 | Recommend 0
October 31, 2008
North Carolina Approves Comp Rate Decrease
North Carolina Insurance Commissioner Jim Long announced Tuesday,
October 28, that he had approved a 4.4 percent workers’ compensation voluntary
market rate decrease effective April 1.
He also approved a 3.8 percent rate decrease for the assigned risk market.
The decrease will save North Carolina employers about $65.5 million, the
commissioner said in a statement. The average rate in the voluntary market is
now about 2.17 percent of payroll.
Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed
from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies
or any other policies governing this site. You are fully responsible for the content you post.
If you enjoy the content on the Workforce Management Web site and want to see more, try 3 issues of our print edition risk-free. If you wish to continue, you will receive one full year for just $79. That's over 59% off the cover price. If you decide Workforce Management is not for you, just write "Cancel" on the invoice, return it and owe nothing. The 3 issues are yours to keep with no further obligation to us. Sign up below.
Offer valid for new Workforce Management Subscribers only.
Canada subscribers - $129. All other Foreign - $199.
= Member Only
