Delaware safety program nets employers $9.8 million in savings
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Delaware Insurance Commissioner Trinidad Navarro announced Tuesday that over the past year the Delaware Workplace Safety Program has helped more than 1,500 businesses save over $9.8 million on their workers compensation insurance premiums.
The savings are a result of the businesses’ successful completion of workplace safety inspections, according to a statement issued by the Delaware Department of Insurance.
In total, Delaware employers have saved over $45 million in workers compensation insurance premiums over the past five years by participating in the program, according to the statement.
“When businesses are trying to decide where to locate, the cost of workers compensation is often top of mind,” the commissioner said in the statement.
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Safety program nets comp savings for Delaware employers
Delaware employers saved more than $9 million in workers compensation insurance costs last year, the state Department of Insurance said.
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