The Washington State Department of Labor and Industries announced a 4.9% increase in average workers’ compensation rates for 2024.
The adopted rate means employers and workers will pay an average of $65 more per year in work comp premiums for each full-time employee in 2024, the department said.
L&I said the increase is less than it believes it will need to pay 2024 claims, but for the fourth consecutive year it will tap into its reserves to keep the rates down.
“To avoid major changes in rates from year to year, L&I has steadily increased the contingency reser...
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