Pinnacol dropping Colorado workers' compensation rates in 2016

Pinnacol Assurance is reducing its workers’ compensation rates by an average of 3.6 percent next year — the first rate decrease the state’s largest workers comp insurer has offered since the end of the Great Recession. The cost-cutting exceeds recommendations from the Colorado Division of Insurance, which last month approved a 1.9 percent reduction in the loss-cost components of the premiums charged by such insurers. Whether individual companies see a premium decrease depends upon their own…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news