New Jersey Tops List as Most Expensive State in 2020 Rate Comparison

New Jersey jumped up two places to take from New York the top spot on the latest interstate workers’ compensation premium rate ranking report published every other year by the Oregon Department of Consumer and Business Services. New York fell to second place in the biennial report; California fell from second place in 2018 to fourth place in 2020; and Vermont moved up from No. 9 in 2018 to No. 3 in the latest comparison. New Jersey claimed the top spot despite its index rate decreasing to $2.52 per $100 of payroll in the latest report from $3.08 in 2018. New Jersey’s average...