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.