CT LEG Workers' Comp Rate Decrease


On Nov. 20, CT LEG reported 6% decrease in workers' comp rates.


  • CT LEG Governor Lamont reported businesses will receive a 6% decrease in workers' compensation rates in 2025; CT INS approved 11th consecutive year rate decreases.
  • Follows CT LEG Nov. 2023 10th consecutive worker comp rate decrease, see #191334.
  • Overview
  • Annual workers’ compensation rate filing for 2025 with a decrease of 6.1% to the voluntary market loss costs and a decrease of 6.2% in assigned risk plan rates.
  • Effectiveness
  • Rate decrease for Workers' Compensation will be effective as of Jan. 1, 2025.

Regulators CT LEG
Entity Types Corp; Ins
Reference PR, 11/20/2024
Functions Compliance; HR; Legal; Operations; Product Administration
Countries United States of America
Category
State
Products Corporate; Insurance; Workers Comp
Regions Am
Rule Type Final
Rule Date 11/20/2024
Effective Date 1/1/2025
Rule Id 234219
Linked to Rule :191334
Reg. Last Update 11/20/2024
Report Section US Consumer

Last substantive update on 11/25/2024