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No Surprises With No. 2 Ranking in Premium Cost Comparison
10/23/2018
Nebraska and New Hampshire.
New York topped the list with an average cost of 3.08 while North Dakota had the lowest cost 82 cents.
California held the top spot in each of the last two studies published by the Oregon Department of Consumer and Business Services. In 2016 the average cost for
Category: News
Stakeholders Say 6th-Place Cost Ranking Obscures Efficiency of System
10/18/2018
Georgia workers comp administrators were put on the defensive by the latest workers comp premium cost survey by Oregon regulators which showed the Peach State shooting from 27th-most expensive in 2016 all the way to sixth-costliest this year.
Judge Frank McKay
The Oregon study comes
Category: News
DCBS Releases State Ranking of Comp Insurance Costs
10/15/2018
The Oregon Department of Consumer and Business Services has released a report that ranks New York followed by California as the most expensive states in the nation for workers compensation insurance.
The report was previewed this month during the International Association of Industrial
Category: News
CDI Holds Hearing on Rate Recommendation
10/08/2018
decrease since 2015 and result in a cumulative 40 drop in the advisory rate over that period.
The rate decreases also helped California move out of the top spot on the interstate rate comparison that the Oregon Department of Consumer and Business Services will publish later in this month.
California
Category: News
N.Y. Surpasses Calif. as Most Costly State for Comp
10/05/2018
would be reduced if the state moved away from a competitive state fund California uses a state fund that competes with private carriers but so does Utah ranked sixth from the bottom.
Lake said state regulators need to understand the limitations of the Oregon study. For one thing it compares rates
Category: News
New York Now No. 1 in Comp Costs; Calif. Ranks 2nd
10/04/2018
WILLIAMSBURG Va. New York has dethroned California as the most costly workers compensation system in the nation according to a preliminary ranking by the Oregon Department of Consumer and Business Services released this morning.
California dropped to No. 2 in the biennial ranking which
Category: News
Hand and Foot Bill Amended
09/25/2018
nationwide trend of fewer claims and is a big reason why insurer profits are up and costs are down.
New Jersey had the second-highest workers comp rates behind California in the Oregon Department of Consumer and Business Services ranking in October 2016. Regulators this year approved a 5.1 decrease
Category: News
Falling Rates Makes State Less of an Outlier
07/20/2018
that the average charged rate in California fell below 3 in the middle of 2015 more than a year before the 2016 Oregon study was released. Employers were paying an average of 2.65 per 100 of payroll in fall of 2016 when the last study came out and said they were paying an average of 3.24.
As of
Category: News
Massive Premium Rebate Program Starting to Raise Questions
05/23/2018
running a 31 structural deficit reports show.
Since 2011 the program has reduced workers compensation premiums for private employers by about 28 which has helped move it from one of the most expensive states to 11th-lowest according to the 2016 Oregon Workers Compensation Premium Ranking study
Category: News
NCCI Disputes Cost Shift From Comp to SSDI
03/28/2018
.
The report cited a study by University of California Davis health economist J. Paul Leigh which found that workers comp covered less than a third of injured workers medical costs and lost earnings in 2007 leaving government programs like Social Security Medicare and Medicaid to pick up the
Category: News
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