New DE WC Market Rates And Market Loss Costs

Dover, DE - The Delaware Department of Insurance has approved an amended filing requesting average decreases of 8.49 percent in residual market rates and 7.72 percent in voluntary market loss costs based on the loss experience and analysis presented in the filing. Recognizing the reductions required under the Opinion and Order as of December 1, 2008 and December 1, 2009, the average decreases in residual market rates and voluntary market loss costs effective December 1, 2009 are 9.17 percent and 8.40 percent, respectively. For more detail, download the attachment.

Source: Delaware Compensation Rating Bureau, Inc.
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