Beginning in January 2019, the Indiana insurance commissioner has approved a 7.6 percent rate decrease for workers’ comp premiums for new and renewal policies. Indiana Department of Insurance Commissioner Stephen Robertson cites a downward trend in recent years because of less frequent worker injuries, as well as near-full employment creating a larger base for collecting premiums. Such news continues Indiana’s ranking of workers’ compensation rates among the lowest in the United States.
About the Author
Stephen S. Lavallo, a partner at the law firm Kahn, Dees, Donovan & Kahn, LLP, in Evansville, Indiana, has more than 25 years’ experience in the practice of estate planning and administration law, worker’s compensation defense, business law, and real estate law, and is a certified civil mediator. He represents businesses, both large and small, as well as individuals in a wide variety of business transactions, organization, sales and leasing of properties, and in the defense of companies from worker’s compensation claims. In addition, Steve advises individuals in connection with their estate and wealth transfer planning and during the process of probate and trust administration.