Some businesses could see decrease in work-comp premiums

For the seventh-straight year, the state Commerce Department has approved decreases in premiums that some Minnesota businesses pay for work-comp insurance.  Deputy Commissioner Julia Dreier says:

“It’s really because of the good work that businesses are doing….  Businesses in Minnesota,… they’ve been very safety-conscious.  They’re continuing to implement safety measures.”

Average premiums in what’s known as the “Assigned Risk Plan” will go down nearly seven percent beginning in 2023 after a 7.8-percent decrease in 2022.