Hawaii Workers Comp Rates Flat In 2011

In Hawaii, Workers comp rates have fallen over 60% since 2005. But this year, HEMIC is filing a 0% change in the average workers comp rate. I don’t expect the other insurance companies to be much different.  While you may wish for a continued decrease in rates, it could be worse.  Florida is asking for a 6 to 7% rate increase. And Washington just announced a 12% increase for 2011.