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SC Workers Comp Rates Set to Decrease

South Carolina Workers Comp Premiums Will Go Down in 2nd Half of 2014 SC workers comp premiums are set to decrease by 7.4% in the second half of 2014, after two years of moderate increases. Director of Insurance Ray Farmer agreed to the new SC workers compensation rates, which he says will take effect on September 1st this year. “We’ve had a good sign when it comes to frequency and severity and this is another positive for businesses in South Carolina,” said Farmer. The National Council of Compensation Insurance (NCCI) filed for the … [Read more...]