Pennsylvania OKs 6.06% hike in workers comp premiums
Posted On: Jan. 2, 2018 1:56 PM CST
Jessica Altman, Pennsylvania’s acting Insurance Commissioner, has approved a 6.06% increase in workers compensation premiums.
The Pennsylvania Insurance Department reviewed a proposal from the Pennsylvania Compensation Rating Bureau and found it appropriate following a June state Supreme Court ruling that barred impairment rating evaluations, according to a PID spokesman.
The rate increase is effective Feb. 1, 2018.