News for Small Business — October 2013

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Special Edition

Washington's workers' comp rates will increase 2.7% in 2014

As proposed in September, premiums for workers compensation insurance in Washington State will increase 2.7 percent on average next year, the Department of Labor and Industries (L&I) announced today. This is an average increase of less than two cents per hour worked.

The rate increase is an average for all Washington employers. Individual employers could see their rates go up or down, depending on their recent claims history and any changes in the frequency and cost of claims in their industry. L&I held public hearings on the proposed rates around the state in October. The 2014 rates by industry are available online.


 

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