Tag Archives: Premiums

New Jersey Has Lower Workers’ Compensation Premiums, Higher Payouts in 2023

Petrillo & Goldberg LawWorkers’ Compensation New Jersey businesses will pay lower workers’ compensation premiums, but injured workers will receive higher payouts for some types of benefits, according to recent news from the New Jersey Compensation Rating & Inspection Bureau (NJCRIB). NJCRIB recommended a 4.7 percent decrease in workers’ compensation insurance premiums for 2023. Insurance Commissioner … Continue reading New Jersey Has Lower Workers’ Compensation Premiums, Higher Payouts in 2023

New Jersey Has Lower Workers’ Compensation Premiums, Higher Payouts in 2023

Petrillo & Goldberg LawWorkers’ Compensation New Jersey businesses will pay lower workers’ compensation premiums, but injured workers will receive higher payouts for some types of benefits, according to recent news from the New Jersey Compensation Rating & Inspection Bureau (NJCRIB). NJCRIB recommended a 4.7 percent decrease in workers’ compensation insurance premiums for 2023. Insurance Commissioner … Continue reading New Jersey Has Lower Workers’ Compensation Premiums, Higher Payouts in 2023

New Jersey Has Lower Workers’ Compensation Premiums, Higher Payouts in 2023

Petrillo & Goldberg Law Workers’ Compensation Pennsauken, NJ (Law Firm Newswire) February 22, 2023 – New Jersey businesses will pay lower workers’ compensation premiums, but injured workers will receive higher payouts for some types of benefits, according to recent news from the New Jersey Compensation Rating & Inspection Bureau (NJCRIB). NJCRIB recommended a 4.7 percent … Continue reading New Jersey Has Lower Workers’ Compensation Premiums, Higher Payouts in 2023

Does a High PAYDEX Drive Down My Business Insurance Premiums?

Did YOU Know That Your Business Credit Score Can Affect the Cost of Your Business Insurance? A business credit score tends to not be necessary to apply for an insurance policy. But insurers may ask to access your business data after you apply. High credit scores correspond with low premiums and vice versa. That doesn’t mean … Continue reading Does a High PAYDEX Drive Down My Business Insurance Premiums?