Hawaii Employers Bring Down Workers' Compensation Insurance Rates - Hawaii News Now - KGMB and KHNL

Hawaii Employers Bring Down Workers' Compensation Insurance Rates

HONOLULU (KHNL) - The National Council on Compensation Insurance filed a request for a decrease of 16.8% in the workers' compensation loss costs for Hawaii. 

The reduction is based on a continuing reduction in the number of claims filed in 2005, the last year complete data is available.

"Claim frequency has continued to drop due to the great efforts of Hawaii's employers in providing a safer workplace for our workers," said Hawaii Insurance Commissioner J.P. Schmidt. "We continue to make a concerted effort to encourage employers to implement workplace safety programs and thereby qualify for insurer's discounts."

The filing would affect premiums beginning January 1, 2008.


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