Work-Comp Insurance Premiums Headed Down for Some MN Businesses

Published: Oct. 6, 2022, 8:32 p.m.

Work-Comp Insurance Premiums Headed Down for Some MN Businesses

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The Minnesota Commerce Department has announced that for the seventh-straight year, premium decreases have been approved, meaning that some Minnesota businesses will see a reduction in their worker's compensation insurance...

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Average premiums in what\u2019s known as the "Assigned Risk Plan" will go down nearly seven percent beginning in 2023 after a 7.8-percent decrease in 2022.