Agency Says Rate Reduction Saves State's Employers $10 Million

A recent workers' compensation rate reduction means Ohio's private employers are paying $10 million less in premium, the state's comp insurance agency said. The Ohio Bureau of Workers' Compensation's most recent cut of 1% took effect Wednesday. A previous 1% cut became effective on Jan. 1, resulting in $2 million in savings, BWC said. “This reduction is a reflection of Ohio's focus on workplace safety," said Gov. Mike DeWine. "The hard work and dedication that Ohio employers put into workplace safety is what has allowed us to reduce rate...