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”.
Employers in Delaware will experience another decrease in workers compensation rates effective Dec. 1.
Comp rates will decline an average of 7.3% for the residual market and about 10% for the voluntary market, according to a statement by Delaware Insurance Commissioner Trinidad Navarro on Monday.
“I am delighted to approve yet another decrease in workers’ compensation rates in Delaware and even happier to see a double-digit average decrease in the voluntary market,” he said in the statement.
For the second year in a row, all actuaries reviewing the comp rate filing agreed that another rate drop was warranted, he added.
Delaware businesses will see a 14.6% average increase in workers compensation rates this year, the Delaware Department of Insurance said Friday.