Article ID: ce8d5567dd94db0a9c5e53a6d31a77af91759fcaabbd83f4c3f53e4c636d3bd7
Source ID: secondary:businessinsurance.com
Published At: -
Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/ohio-approves-1-workers-comp-rate-cut-for-private-employers/
Body Text
Ohio approves 1% workers comp rate cut for private employers - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Ohio approves 1% workers comp rate cut for private employers by Work Comp Central 427104913 Workers Comp , Workers Comp Pricing Mar 2, 2026 The Ohio Bureau of Workers’ Compensation on Friday approved a 1% rate cut for private employers, effective July 1. Employers will pay about $10 million less in workers compensation premiums as a result of the latest reduction, the bureau, the state’s monopolistic insurer, said. Overall, rates are down 50% since 2019 and 70% since 2011. The average rate is at its lowest in more than 65 years, the agency said. The proposed 1% rate cut represents the average statewide premium change, including administrative costs. The actual premium paid by individual private employers depends on several factors, including expected future claims costs in their industry, their company’s recent claims history and their participation in various BWC programs. WorkCompCentral is a sister publication of Business Insurance . More stories here . Related News RT ProExec hires former Bowhead claims leader as EVP March 2, 2026 Baldwin hires former Millennial Specialty exec March 2, 2026 Insurers owe no duty to defend Meta in social media suits: Court March 2, 2026 UK’s Beazley agrees to $11B Zurich takeover deal March 2, 2026 Insurers cancel war risk covers, premiums surge 50% March 2, 2026 Swiss Re’s net income climbs to $4.8B March 2, 2026 World Rugby denies liability in neurological injury claims March 2, 2026 Miller to acquire Dubai’s Shields Reinsurance March 2, 2026 Brit posts $652M profit in 2025 March 2, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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