L&I proposes 3.8% increase in workers’ comp rates for 2025 - Lynnwood Today

The Washington State Department of Labor & Industries (L&I) announced a proposed 3. 8% increase in workers' compensation insurance rates for 2025, impacting both employers and workers statewide. This proposal aims to address the rising costs that have been burdening the workers' compensation system, ensuring that it remains viable and capable of handling claims. L&I has opened a public comment period, encouraging stakeholders to voice their opinions on the proposed rate adjustment before it is finalized. Officials stress that maintaining a stable and sustainable workers' compensation fund is crucial for protecting both workers and employers.

The increase is part of a broader trend in the economic landscape that necessitates adjustments in insurance rates. L&I is committed to balancing the need for sufficient coverage while minimizing financial strain on employers. The deadline for public comments is set, allowing ample opportunity for community input. This decision is crucial for the future of workers' compensation in Washington and reflects ongoing efforts to adapt to changing economic conditions.