Nov. 28: 2017 Workers’ Comp Rates Announced

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The average WCB assessment rate will drop to $1.10 from $1.25 per $100 of assessable payroll in 2017, which is a 12% reduction. About three quarters of employers will see their rates decrease or remain the same, with 43% of employers paying a lower rate in 2017. Of those, 2,300 employers will get a further reduction in their rate due to improved industry experience.