After reviewing statewide data for insurance claims paid by employers for injured workers in 2010, the Missouri Department of Insurance is recommending a 11.1 percent decrease in workers compensation rates for 2011. The department recommends insurers selling workers comp decrease their "loss costs" by 11.1 percent. Loss costs are a prediction of how much an insurer will pay in claims in the coming year.
Missouri Recommends 11% Drop in Workers Comp Insurance Rates
Friday, December 17th, 2010
Workers' Compensation
External References & Further Reading
http://www.insurancejournal.com/news/midwest/2010/12/16/115742.htm



