Falling Rates Makes State Less of an Outlier

After three years of rate reductions, California may lose its perch at the top of the of the list of the most expensive states in the country for purchasing workers’ compensation coverage. The Golden State is expected to remain one of the most expensive states when the Oregon Department of Consumer and Business Services publishes its biennial work comp premium rate comparison in fall. But average costs in California should at least be more in line with those in other high-cost states such as Alaska, Connecticut, New York and New Jersey, according to Dave Bellusci, chief a...