Workers’-compensation developments in Rate Filings, tracked across U.S. jurisdictions — each story grounded in the primary record with original analysis of what it means for the market.
Case INS-2026-00031 asks the Virginia SCC Bureau of Insurance to approve advisory loss cost reductions, with the assigned risk pool targeted for a deeper 8.2% cut as eight straight years of frequency improvement hold steady.
The Department of Financial Services cleared the New York Compensation Insurance Rating Board's filing on July 15, projecting more than $1.7 billion in combined savings for employers and policyholders statewide.
The Supreme Judicial Court affirmed the commissioner's authority to reject the WCRIB's filing but held he must provide a 'specific, reasoned explanation' for ordering nearly double the proposed decrease under G.L. c. 152, §53A.
Commissioner Ricardo Lara's July 10 decision sets the advisory benchmark at $1.65 per $100 of payroll, the second consecutive year of advisory rate increases in the state.
Commissioner's Bulletin B-0001-26 signals a sharp moderation from the 11.5% reduction that took effect one year earlier, suggesting Texas loss costs are beginning to stabilize after years of steep declines.
The board signed off on a 1% average reduction at its Feb. 27 meeting, projecting $10 million in savings for private employers and pushing base rates to their lowest level in more than 65 years.
The state-fund agency will draw on its contingency reserve to hold the hike below projected 2026 claim costs, with the new hourly rates taking effect January 1.
Commissioner Mike Yaworsky signed off on the NCCI-filed reduction effective January 1, 2026, extending an eight-year run of falling rates into a ninth.
DCBS set the advisory pure premium at an average 87 cents per $100 of payroll and trimmed the Workers' Benefit Fund assessment to 1.8 cents per hour, both effective January 1.
DLI set the statewide average weekly wage at $1,423 effective Oct. 1, 2025, pushing the maximum weekly benefit to $1,536.84 and the minimum to $307.37.