Lower Workers Compensation Insurance Rates on the way
(Dover, Del) - Starting December First, Delaware's Workers' Compensation Insurance Rate will drop. This is the second year for a drop in the rate. The decease is a welcome announcement for Businesses across the state. The decreases, which are slightly greater than the original DCRB filing, are an average -7.29% for the residual market and an average of -10% for the voluntary market. It is important to keep in mind that these are average changes and actual changes to a particular policy may vary depending on, among other things, class codes or insureds.