South Carolina Workers’ Compensation Loss Costs Cut

South Carolina employers should see their workers’ compensation premiums go down this year since regulators have approved an average 7.4 percent decrease in the state’s loss costs. Director of Insurance Ray Farmer approved the new rates, which are scheduled to take effect Sept. 1.

South Carolina Workers’ Compensation Loss Costs Cut.

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The PEO Compass was founded by Paul Hughes in 2012. The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better. All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.

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Workers comp rates increasing less than in 2013: