- CompSource Mutual, Oklahoma’s workers’ comp insurer of last resort, is providing more details about a potential demutualization.
- Move would allow expansion to other states.
- Critics are raising alarms about the move.
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Flash: Here are the Premium Assessments
- The Department of Industrial Relations has set the 2026 workers’ comp assessment rates.
- Insured employers pay the assessments as part of their workers’ comp premium.
- Self-insured employers pay a set percentage of their paid indemnity directly to DIR.
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- Average workers’ comp rates will increase 4.9% next year, the Washington State Department of Labor & Industries announced.
- The average increase works out to $1.37 more per week for each full-time position.
- Employees in Washington are responsible for about a quarter of the costs of workers’ compensation.
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