New Jersey's workers' compensation landscape continues its remarkable transformation as employers prepare for another premium reduction in 2026. The New Jersey Compensation Rating and Inspection Bureau (NJCRIB) has established a pattern of consistent rate decreases, with a 6.9% statewide average decrease approved for 2025, continuing what industry experts now recognize as an unprecedented decade-long trend of premium relief for Garden State employers.
Showing posts with label Premium Rates. Show all posts
Showing posts with label Premium Rates. Show all posts
Thursday, September 18, 2025
Friday, September 30, 2022
NJ CRIB Submits Rate Decrease for 2023
The NJ Compensation and Rating Bureau (NJCRIB) submitted a filing to the Department of Banking and Insurance seeking a 4.7% decrease in the overall premium and rate level effective January 1, 2023.
Monday, September 16, 2019
NJ Workers' Compensation Premium Rates to Decline in 2020
The New Jersey compensation rating and inspection euro has announced that we will be seeking a decrease of 3.8% in the overall premium and rate levels effective January 1, 2020.
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