The WCIRB Governing Board voted to approve a filing that increases advisory rates by 2.6% for 2021.
What does this mean for business owners?
Your cost of labor and Worker's Compensation may be increasing soon. Certain industries had higher advisory rates than others (e.g., healthcare).
If you'd like help projecting your 2021 costs for Worker's Compensation- Adamson & McGoldrick Insurance Solutions can help.