What does the rate decrease mean for your Workers’ Compensation cost?

Massachusetts settled on an impending decrease in workers’ compensation rates – effective July 1, 2018. The decrease will result in an average rate rollback of 12.9% on workers’ comp insurance rates. Unfortunately, this won’t be a simple decrease in every employer’s premium. There are a lot of factors to consider. Our President, Paul M. Anastasi sat down with Jon Coppleman, our resident Workers Compensation consultant, to discuss the rate decrease and what it could mean for your business.

It is important to discuss the impacts to your particular situation with your agent. If you have any questions on your workers compensation policy, please contact our office.