The Idaho Department of Insurance announced that it has accepted a filing from the National Council on Compensation Insurance that will result in an overall average workers' compensation rate decrease of 0.1%, effective Jan. 1.
"While modest, the reduction continues Idaho’s long-term trend of stable and declining workers’ compensation costs for employers," the department said in a statement.
With the 10th consecutive cut, workers’ compensation rates have declined in 11 of the past 12 years. The latest reduction reflects continued improvements in claims frequen...
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