News and publications
Nov 22, 2016
NJCRIB gets 3 percent WC rate decrease approved
The Department of Banking and Insurance Commissioner Richard J. Badolato has approved a 3.0 percent decrease in rates and rating values applicable to New Jersey workers’ compensation and employers liability insurance effective Jan. 1, 2017, on a new and renewal basis.
The new rates are included in Circular Letter #1915.
For more details about the New Jersey Compensation Rating and Inspection Bureau filing, see the next Reporter.