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”.
Iowa Insurance Commissioner Doug Ommen has approved a workers compensation rate filing with an overall decrease of 3%, the commissioner announced in a news release Friday.
The Boca Raton, Florida-based National Council on Compensation Insurance submitted the proposed filing to the Iowa’s Insurance Division on Aug. 30. The Division published the proposal in September and no requests for a hearing on the filing were received, according to the release.
The rate filing proposes an overall decrease in voluntary and assigned risk rates of 3% from the current rates that became effective on Jan. 1, 2019. The proposed rate change is not “excessive, inadequate or unfairly discriminatory,” Commissioner Ommen said in the release.
The approved rate filing will take effect Jan. 1, 2020.
Iowa Gov. Terry Branstad signed a workers compensation reform bill into law Thursday, minus controversial language that would have limited benefits for older workers.