May 10: 2012 Annual Report Released

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The workers’ comp board released the 2012 annual report. Highlights:

  • Assessment premiums were reduced from 5-47% across all industry groups
  • Assessment rates were lowered by an average of 18%
  • There are 114 businesses in the Certificate of Recognition and Small Employer Certificates of Recognition programs, up from 97
  • The lost-time injury rate was 2.1 per 100 covered workers.