Rate Reduction Approved for 13th Consecutive Year

The New Hampshire Insurance Department said Thursday that it has approved a rate proposal filed by the National Council on Compensation Insurance that will translate to an average 5.6% reduction in loss costs. “The workers’ compensation market in New Hampshire remains robust, offering business owners a wide array of options when selecting coverage,” D.J. Bettencourt, the state’s insurance commissioner, said in a statement. “As employers and employees work together to prioritize workplace safety, everyone across the Granite State benefits from these lower...