2020 Workers Compensation Rate Decrease
Iowa Insurance Commissioner Doug Ommen has approved NCCI’s August 30, 2019, worker’s compensation rate filing with an overall decrease of 3.0%. The rates will be effective January 1, 2020.
Category Archives: Workers’ Compensation
2019 Iowa Proposed Workers’ Compensation Rate(s) Reduction – overall 9.2%
Pursuant to Iowa Code section 515A.6(7), notice is hereby given that the National Council on Compensation Insurance, Inc. has made a rate filing which affects the premium rates for workers’ compensation insurance. The rate filing proposes an overall decrease in voluntary and assigned risk rates of 9.2% from the current rates that became effective January 1, 2018.… Read More »
Nationwide Commercial Policy Audit Changes For 2017
As a reminder and a follow up to the original communication posted Nov. 23, effective Jan. 1, 2017, we are making several changes to our commercial premium audit procedures to help create consistency and efficiency across the enterprise. A systematic, disciplined approach enables agents to offer commercial members the coverage they need and allows us… Read More »
Four Myths About Workers’ Comp Costs [For Contractors]
Author, Zachary Stock | Originally Published, May 5, 2011 | For most roofing contractors one of their largest and perhaps most frustrating expenses is workers’ compensation insurance. Roofing contractors pay more for workers’ comp than nearly any other contractor and, as a result, learning how to control that cost is essential to running a successful roofing… Read More »
State of Iowa, Workers’ Compensation Statute, Code Chapter, 85.1A
PROPRIETORS, LIMITED LIABILITY COMPANY MEMBERS, LIMITED LIABILITY PARTNERS, AND PARTNERS. A proprietor, limited liability company member, limited liability partner, or partner who is actively engaged in the proprietor’s, limited liability company member’s, limited liability partner’s, or partner’s business on a substantially full-time basis may elect to be covered by the workers’ compensation law of this… Read More »
Employee Or Independent Contractor? US Department Of Labor Provides New Guidance
Wednesday, July 15, 2015 | © Copyright 2015 Squire Patton Boggs (US) LLP | Posted January 12, 2016 | According to the US Department of Labor, “most workers are employees under the Fair Labor Standards Act’s broad definitions.” The debate over classification of workers as employees versus independent contractors has yet another chapter. Last month,… Read More »
Confusing Iowa Workers’ Compensation Insurance Premium Audits
The court judgment in Iowa’s Stark Construction vs. Lauterwasser litigation is certainly having an impact on Iowa Workers’ Compensation (WC) premium audit procedures. This company’s pre-audit notification letter only surrounds the correct Iowa audit practices with confusion. Though it cannot be used by the reader as a template for Iowa WC premium audits, it can be… Read More »
Iowa Workers’ Compensation Class Codes
If you are looking for Iowa workers compensation class codes and rates, here is a good site. Iowa Workers’ Compensation is governed by the National Council on Compensation Insurance, NCCI, the governing authority for workers compensation classifications in most states. Iowa Workers’ Compensation Class Codes
Iowa 2016 Workers’ Compensation 2.7% Rate Increase Approved
The Iowa Insurance Division has approved a 2.7% overall increase in the voluntary and the assigned risk workers’ compensation rates for Iowa effective January 1, 2016. Iowa 2016 Workers’ Compensation 2.7% Rate Increase Approved
The Iowa Court of Appeals foundation for the July 1, 2015 Workers’ Compensation Law: Stark Construction vs. Lauterwasser
Stark Construction vs John Lauterwasser