Colo. Insurance Division: Workers' Compensation Insurance Loss Cost Average Sees Cumulative 51.5% Decrease Over Last 10 Years
November 03, 2023
November 03, 2023
DENVER, Colorado, Nov. 3 (TNSres) -- The Colorado Department of Regulatory Agencies' Division of Insurance issued the following news release:
The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), has approved a reduction of 3.4% (-3.4%) for the average "loss costs" component of workers' compensation insurance premiums for 2024.
This will be the tenth consecutive year without an increase to this key measuremen . . .
The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), has approved a reduction of 3.4% (-3.4%) for the average "loss costs" component of workers' compensation insurance premiums for 2024.
This will be the tenth consecutive year without an increase to this key measuremen . . .