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Commercial: Workers’ Compensation Rate Changes in Illinois


STATEIllinois
PRODUCTWorkers' Compensation
OVERALL RATE CHANGE-5.8%
NEW BUSINESS EFFECTIVE DATE  January 1, 2014
RENEWAL EFFECTIVE DATE January 1, 2014

 

IMPORTANT CHANGES

  • An overall change for voluntary loss costs or rates has been approved for -5.8%.
  • Please note if your client's policy was issued prior to the effective date of January 1, 2014, the rate change may appear the next time the policy is endorsed. 
  • The rate change may also be picked up at final audit if there are no endorsements.

Many rating factors affect any particular risk, and it cannot be assumed that the percentage listed above in this document will exactly match the rate applied to an account.

Thank you for making Fireman’s Fund your first choice for your Workers’ Compensation customers. Contact your local Fireman’s Fund Workers’ Compensation underwriter for more information.



The insurance policy, not this communication, forms the contract between the insured and the insurance company. The policy may contain limits, exclusions and limitations that are not detailed in this communication. Coverages may differ by state.

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