Facing increased workers’ compensation rates, qualified NFIB members in Oregon may be eligible for savings

RENO, Nev.--(BUSINESS WIRE)--Dec. 21, 2011-- Oregon small businesses should prepare for workers’ compensation insurance rate increases going into effect after the New Year. The Oregon Division of Insurance has ordered an average premium rate increase of 1.9 percent effective January 1, 2012.

While the insurance rate increase is out of their control, business decision makers and independent insurance agents should be aware of measures they can take to help manage workers’ compensation-related costs. Qualifying NFIB members may be eligible to receive savings in the form of a flat dividend* on workers' compensation coverage benefits through EMPLOYERS. NFIB named EMPLOYERS, America’s small business insurance specialist, its provider of choice in Oregon due to the carrier's expertise and focus on meeting the needs of small businesses.

“We know that even the slightest cost increase can have a major effect on small businesses,” said Jan Meekcoms, state director, NFIB/Oregon. “That’s why we fight so hard, year after year, for reforms that keep cost increases to a minimum. We are of course committed to maintaining and protecting the reforms we have achieved, but we are also pleased to be able to offer NFIB members this beneficial program through our strategic relationship with EMPLOYERS. By helping Oregon businesses control their costs, we’re putting small businesses in a better position to succeed.”

"By offering this workers' compensation program to NFIB members, EMPLOYERS is helping alleviate some cost burdens felt by small business in this economy," said Hale Johnston, senior vice president, regional manager, western region, EMPLOYERS. "We are pleased to be able to continue to provide small businesses with cost savings opportunities and effective services, especially at a time when many of their other operational costs are rising."

For more information about the NFIB Workers' Compensation Program and to learn how to begin saving on workers' compensation costs, NFIB members should call 1-866-563-2759 or visit http://www.nfib-employers.com. Small businesses can also learn how to become an NFIB member by visiting http://www.nfib.com or calling 1-800-634-2669.

*Members who purchase workers' compensation coverage through the Program shall be eligible to receive a potential flat dividend on their EMPLOYERS workers' compensation policy in Oregon. Not all members qualify for coverage, and members can be removed from the Program based on claims experience. NFIB membership does not guarantee insurance coverage. Dividends cannot be guaranteed and are declared at the option and sole discretion of EMPLOYERS' applicable board(s) of directors.

About NFIB

NFIB is the nation's leading small business association, representing small businesses in Washington, D.C. and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB's powerful network of grassroots activists send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America's free enterprise system. NFIB's mission is to promote and protect the right of our members to own, operate and grow their businesses. More information about NFIB member benefits is available at www.NFIB.com/member-benefits.

About Employers Holdings, Inc.

Employers Holdings, Inc. (NYSE: EIG) is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select small businesses engaged in low-to-medium hazard industries. The company, through its subsidiaries, operates throughout the United States. Insurance is offered by Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, and Employers Assurance Company, all rated A- (Excellent) by A.M. Best Company. Coverage not available in all jurisdictions. Additional information can be found at: www.employers.com.

Copyright© 2011 EMPLOYERS. All rights reserved. EMPLOYERS® and America's small business insurance specialist.® are registered trademarks of Employers Insurance Company of Nevada.

Source: Employers Holdings, Inc.

Employers Holdings, Inc.
Media:
Ty Vukelich, 775-327-2677
Vice President, Corporate Marketing
tvukelich@employers.com
or
Analysts:
Vicki Erickson, 775-327-2794
Vice President, Investor Relations
verickson@employers.com