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Rhode Island Regulator Approves 2.5% Workers' Comp Rate Cut for 2026

May 5, 2026
1 source
Insurance Journal
Rhode Island Regulator Approves 2.5% Workers' Comp Rate Cut for 2026

Story Summary

Rhode Island's Department of Business Regulation approved a 2.5% average reduction in workers' compensation loss costs effective August 1, 2026. Proposed by NCCI, this marks the 11th consecutive year of decreases, bringing total cost reductions since 2015 to 75.8%. Specific class adjustments include a -12.9% drop for federal classes, while USL&HW classes remain unchanged.

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