Workers Compensation Rates Increased
Insurance Commissioner Karen Weldin Stewart recently announced that she has
approved raising the workers’ compensation rate to 11.4% in residual market
rates and 14% in voluntary market loss costs.
The effective date of the increases is retroactive to December 1, 2013 for new and renewal business.
For more information about the DCRB annual rate filings, visit the Delaware Department of Insurance website at www.delawareinsurance.gov.