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Workers’ Compensation Insurance

July 17, 2025
Agency

Why Classification Codes Matter for Workers’ Compensation Insurance Rates

Workers’ compensation insurance is a critical safeguard for both employers and employees, offering financial protection in the event of work-related injuries or illnesses. One of the most important—and often overlooked—factors influencing the cost of this insurance is the classification code assigned to a business or its employees. These codes, established by organizations like the National […]
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