Connecticut comp rates to drop 3.8% in 2026

The Connecticut insurance commissioner approved a 3.8% average workers’ compensation rate reduction for 2026.

Improved experience was the primary driver of the proposed change, the National Council on Compensation Insurance said in its rate recommendation.

The voluntary loss cost reductions are an average among five industry groups and will be larger for some employers than others.

The average loss cost reduction is 5.6% for the manufacturing sector, 4.9% for contracting, 4% for goods and services, and 3.6% for the miscellaneous group. Loss costs are increasing by an average of 1.3% for the office and clerical sector.

The rates apply to policies incepting on or after Jan. 1.

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