DWC Announces 2024 Lump Sum Discount Rates

The Kentucky Department of Workers’ Claims posted 2024 discount rates for lump sum settlements.

State law requires the department set rates at a half-percent below the interest paid on 10-year U.S.

L&I: Comp Rates Going Up 4.9%

The Washington State Department of Labor and Industries announced a 4.9% increase in average workers’ compensation rates for 2024.

Joel Sacks

The adopted rate means employers and workers will pay an…