Tennessee Workers’ Comp Rates Will Decline for Eleventh Consecutive Year in 2024  ...United Arab Emirates

NASHVILLE — The Tennessee Department of Commerce and Insurance (TDCI) announces that workers’ compensation insurance premiums will decline for most Tennessee businesses in 2024 for the 11th consecutive year.   “The continued insurance premium decrease bolsters Tennessee’s pro-business climate and keeps our economy strong,” said Governor Bill Lee. “Lowered premiums mean business owners have the opportunity to re-invest in their companies and better serve their employees, and I thank the Department of Commerce and Insurance for its work to serve Tennesseans.”  On December 30, 2023, TDCI Commissioner Carter Lawrence signed the order approving a 9.4% percent overall loss cost decrease

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