What is the workers compensation classification system?
The workers’ compensation classification system is a tool which L&I uses to collect loss information for each industry we insure. This loss information is used to establish premium rates that employers in each industry will pay for their workers’ compensation insurance. L&I’s goal is to produce fair insurance rates which reflect the hazardous nature of each industry. Employers engaged in more hazardous industries such as logging will tend to pay higher insurance rates than employers engaged in retail store operations.
