News Digest 12-1-2021


New Mexico to see lower workers’ compensation costs

Workers’ compensation will cost less for New Mexico employers next year: the New Mexico Office of Superintendent of Insurance reports that it has approved a 5.5 percent decrease in loss costs for workers’ comp for policies renewing or issued on or after January 1, 2022. The office states that loss costs are decreasing for the seventh year in a row, attributable to the continuing decrease in claim frequency. KRQE



Delaware workers’ compensation rates to drop by double digits

Delaware workers’ compensation insurance rates will drop by about 20 percent in December, according to the state’s Department of Insurance, the fifth straight year workers’ comp rates have dropped. Policyholders will see rate changes upon renewal. This year’s decrease, which was decided by the Delaware Compensation Rating Bureau, will go into effect on December 1. Delaware Online



Tennessee workers’ comp rates to decline for ninth consecutive year

The Tennessee Department of Commerce and Insurance has announced workers’ compensation insurance premiums are likely to decline for most Tennessee businesses in 2022 for the ninth consecutive year. The TDCI commissioner last month approved a 5.6 percent overall loss cost decrease beginning March 1, 2022 on new and renewal policies. Chattanoogan



Tennessee woman awarded Social Security for COVID, still fighting for workers’ comp

A Tennessee woman, who is suffering from long-COVID, recently become the first COVID survivor in Tennessee to be awarded Social Security benefits for COVID. She filed for workers’ compensation, but her claim was denied for lack of evidence she contracted the virus last year from a coworker. She is appealing the decision. WATE