The Iowa Insurance Division reports that a proposed workers’ compensation rate filing would lower rates by 4.7 percent next year.
The National Council on Compensation Insurance Inc. has made a rate filing that proposes an overall decrease in voluntary and assigned risk rates of 4.7 percent from the current rates that became effective Jan. 1, 2016.
The filing has a proposed effective date of Jan. 1, 2017.
Source: Iowa Insurance Division
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