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Rates to Fall 5.7% in Residual Market, 3% in Voluntary Market

Friday, October 20, 2017 | 0

Employers will see workers' compensation rates decrease on Dec. 1, Delaware Insurance Commissioner Trinidad Navarro announced in a statement released Wednesday. Those purchasing workers' compensation insurance through the residual market will see an average rate decrease of 5.73%, while those obtaining plans through the voluntary market will see an average decrease of 3%. Navarro reminded employers this week that they can "realize additional savings of up to 19% on their premiums" by enrolling in the state's workplace safety program, accessible here.  Vie...

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