BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
The Idaho Department of Insurance approved a proposal from the National Council on Compensation Insurance for a 4.2% decrease to workers compensation insurance rates set to go into effect in 2019, the department announced Tuesday.
The latest reduction, set to go into effect on Jan. 1, follows a 3.4% midyear reduction in 2017 and a 5.8% rate decrease that was effective at the beginning of 2018.
“We are pleased to announce this reduction, a move which will benefit Idaho businesses, their employees and the economy in general,” Department Director Dean Cameron said in a statement. “The change in the 2019 workers compensation rates reflects an improvement in our state rating factors, including a slight decline in both the frequency of claims for lost work time, and the average cost of those claims.”
Idaho employers will see a “slight” reduction in workers compensation rates as of Jan. 1, 2015, the state Department of Insurance said Monday.