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Tuesday, 25 February 2014 21:31

Nevada Employers to See Avg 3.2% Increase in Workers Comp

Nevada employers will see an average 3.2 percent increase in workers compensation rates this year, the Nevada Division of Insurance said. The National Council on Compensation Insurance, Inc. had requested a 3.2 percent increase in the Nevada voluntary market workers compensation rates and a 3.3 percent increase in residual market compensation rates for 2014, the division said in a statement. Both rates, which were recently approved by Nevada insurance commissioner, Scott J. Kipper, will be effective March 1, 2014.

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