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N.Y. Surpasses Calif. as Most Costly State for Comp

By Jim Sams (Senior Editor)

Friday, October 5, 2018 | 1

WILLIAMSBURG, Virginia — Despite three rate decreases in as many years, New York will take from California the dubious title of the most expensive state in the nation for workers’ compensation insurance when the Oregon Department of Consumer and Business Services releases its latest biennial ranking later this month. The department provided a preview of its findings during the International Association of Industrial Accident Boards and Commissions conference on Thursday. New York’s average premiums costs were 182% of the national median, compared to 169% for Califor...

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