Workers’ Comp Loss Costs To Drop 3.8%
The Connecticut Insurance Department has approved an average 3.8% decrease in Workers’ Compensation voluntary loss costs efffective January 1. The department announced on Oct. 27 that it had approved the latest filing from the National Commission on Compensation Insurance (NCCI) as submitted.
Loss costs for employers in the Assigned Risk plan will remain largely unchanged, decreasing an average 0.4%.
The department also accepted these changes for certain rules:
| | 2025 | 2026 |
| Max Weekly Payroll for Executive Officers and Members of Limited Liability Companies | $3,300 | $3,400 |
| Minimum Weekly Payroll for Executive Officers and Members of Limited Liability Companies | $1,650 | $1,700 |
| Annual Payroll for Sole Proprietors and Partners | $86,000 | $89,200 |
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