Workers’ Compensation Archives

Workers’ compensation costs to drop for sixth-straight year

DCBS

Salem, OR—Oregon employers next year, on average, will pay $1.12 per $100 of payroll for workers’ compensation insurance, down from $1.23 in 2018, under a proposal by the Oregon Department of Consumer and Business Services (DCBS). That figure covers workers’ compensation claims costs, assessments, and insurer profit and expenses. This will mark the sixth year… Read more »

AGC/SAIF Members Rewarded for Safety Efforts

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AGC/SAIF workers’ comp participants to receive $7.9M retro return The Associated General Contractors Oregon-Columbia Chapter (AGC) and SAIF announced today a $7,876,242 retrospective return for the 638 companies who participated in the AGC/SAIF group workers’ compensation program during 2016-2017. This represents a 22.2 percent return of paid premiums during the policy year. Increased construction activity… Read more »

Safety pays – again and again

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SAIF will return two dividends to its customers this year: one based on premium alone, and another based on safety performance. Over the past 27 years, Oregon workplaces have driven down workers’ compensation claims frequency by more than 70 percent through their powerful focus on workplace safety-which, in turn, has reduced workers’ compensation rates by… Read more »

Workers’ compensation costs to drop for fourth-straight year

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Salem, OR—Oregon employers will see a key portion of their workers’ compensation costs drop by an average 6.6 percent in 2017, the Department of Consumer and Business Services (DCBS) announced today. This marks the fourth year in a row – and eighth year in the past decade – that businesses will experience an average decrease… Read more »

Safety pays dividends

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Employers who insure with SAIF may be eligible for two dividends this year: one based on premium, and another tied to safety performance. September 14, 2016 Contact: Lauren Casler | laucas@saif.com | 503.373.8615 When it comes to workers’ compensation, safety pays the best dividends. The reason is simple—costs remain low because accidents and injuries are… Read more »

Workers’ compensation costs to drop for third-straight year

Pure Premium Rate Decrease

Salem, OR—In 2016, Oregon workers’ compensation costs will decrease an average 5.3 percent, the Department of Consumer and Business Services (DCBS) announced today. This marks the third year in a row – and eighth year in the past decade – that Oregon businesses are seeing an average decrease. The department approved the average decrease in… Read more »

SAIF Corporation declares dividend for policyholders

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Board of Directors approves a $130 million total dividend; checks to be mailed to approximately 43,000 employers in October. September 18, 2013 Salem, OR – SAIF Corporation’s Board of Directors today declared a $130 million dividend for approximately 43,000 current and former customers. Customers with policies that ended in 2012 are eligible for the dividend…. Read more »