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Workers comp rate increase en route

Colorado employers will see a small increase in workers’ compensation insurance premiums next year. The increase–within the loss-cost component of the insurance–will be half of what it was last year. The Colorado Division of Insurance announced that the “loss costs” component of workers’ compensation premiums will go up 2.6 percent next year. The increase this… Continue Reading Workers comp rate increase en route

Workers Comp premiums to rise next year

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Colorado employers will face a small increase in workers compensation premiums in 2011, said the Colorado Division of Insurance. Commissioner Marcy Morrison announced a component of the premiums, known as loss costs, will increase by 3.4 percent. Loss costs are the average cost of lost wages and medical payments of workers injured during the course… Continue Reading Workers Comp premiums to rise next year

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