North Carolina employers to pay less for workers’ comp rates

Next year starting in April, the workers’ compensation rates paid for by North Carolina employers will be decreased by an average of 3.4% from what they are paying today, &newsobserver.com reported on November 20.

The North Carolina Insurance Commissioner Wayne Goodwin approved the rate asked for by the North Carolina Rate Bureau, which is the state organization of insurers.

Insurance Department spokeswoman Kerry Wall said the 3.4% decrease is set to have an effect on 95% of employers in the state. However, the rate decrease will vary based on the employers’ claims history and the kind of workers they have employed.

The attorneys at Scudder & Hedrick, PLLC, in Raleigh know that injured workers depend on workers’ compensation benefits to support them while they are unable to work. If you have been injured in the workplace and need assistance pursuing the financial support you need, call our offices at (919) 851-3311 today for diligent legal representation.