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Tennessee DOI Orders Workers Comp Cut

Insurance Commissioner Paula Flowers has ordered a reduction averaging 6.3% in the workers' comp "loss cost" multiplier in Tennessee, the major ingredient that goes into...
August 4, 2004

Insurance Commissioner Paula Flowers has ordered a reduction averaging 6.3% in the workers' comp "loss cost" multiplier in Tennessee, the major ingredient that goes into setting rates paid by employers.  The rate reduction is expected to save employers nearly $70 million annually in premiums.

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