TN Workers’ Comp Rates Falling for 10th Year In a Row

January 27, 2023

NFIB was instrumental in passing reform in 2013

TN Workers’ Comp Rates Falling for 10th Year In a Row

For the 10^th consecutive year, overall workers’ compensation rates will drop. The loss cost for the voluntary market will decrease more than 10% as of March 1 and more than 60% the last 10 years). Full insurance rates will vary based on company experiences and expenses. Read more here. NFIB was instrumental in advocating for passage of a major overhaul of our state’s workers’ comp system in 2013, which has benefited both employers and workers and remains engaged with stakeholders to make continued improvements. https://www.tn.gov/commerce/news/2022/12/20/tn-workers–omp-rates-will-decline-for-tenth-consecutive-year-in-2023.html

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State:

Tennessee

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