Kentucky Approves 18th-straight Decrease in Workers’ Comp Loss Costs (Insurance Journal)

Kentucky Approves 18th-straight Decrease in Workers’ Comp Loss Costs

  Thursday, October 26th, 2023 Source: Insurance Journal

Kentucky’s Insurance Commissioner has approved a 6.4% decrease in average workers’ compensation loss costs for the state, making it the 18th consecutive drop in costs for most Kentucky employers.

‘The decreased claim figures make Kentucky an appealing state to do business,’ Commissioner Sharon Clark said in a notice posted last week. ‘It’s also indicative of the ongoing safety initiatives by Kentucky’s employers who work to keep their employees safe while on the job.’

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