Despite Early Protests, 15 Companies Have Agreed to Refunds

Some 15 insurance carriers, including Pennsylvania’s largest workers’ compensation writer, have now agreed to retroactively cut rates, part of a do-over requested after a data-reporting error led to higher premiums last year. The biggest carrier, State Workers’ Insurance Fund, is also Pennsylvania's insurer of last resort. The fund’s filing this week shows it is preparing to grant a 10.02% rate decrease. The informational filing, unlike rate filings, does not specify the dollar amount of the planned reduction, but if other companies’ filings in...