Newsletters & Alerts

Tonry Topics March 2020

The Massachusetts Commissioner of Insurance has approved a Stipulation for the general revision of workers’ compensation rates, effective 12:01 A.M., July 1, 2020, applicable to new and renewal policies.

Average Rates

The overall average decrease of 6.8% will vary by industry group as follows:

Industry

Change

Manufacturing

-5.9%

Construction

-7.8%

Office & Clerical

-8.6%

Goods & Services

-6.2%

Miscellaneous

-4.8%

 Average rates include adjustments for experience factors, the construction class credit and other factors.

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