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AWB 'Disappointed' With Proposed 4.9% Rate Increase

Friday, September 22, 2023 | 0

The president of the Association of Washington Business said in a statement that the organization was “disappointed” with the Department of Labor and Industries proposal to increase workers’ compensation rates next year. L&I on Tuesday proposed increasing the average hourly rate employers and workers pay for comp coverage by 4.9%. The department said the rate increase is needed in part because of higher-than-normal wage growth in the state in recent years.  The agency said it tapped into its reserves to mitigate the rate hike. L&I said it would have needed ...

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