Workers Compensation Rate Decrease for 2024

By | August 25, 2023
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 of 12.0% in the voluntary and assigned risk markets from the current rates that became effective on January 1, 2023. The filing has a proposed effective date of January 1, 2024.
A workers’ compensation policyholder or an established organization with one or more workers’ compensation policyholders among its members may request a hearing before the Commissioner of Insurance regarding this rate filing. Such a request must be filed within 15 days of the date of this publication and shall be made to the Commissioner of Insurance at the Iowa
Insurance Division, 1963 Bell Avenue, Ste. 100, Des Moines, Iowa 50315.

Rate Filing