DANISH INSURERS TO BOOST COMP RATES

DANISH INSURERS TO BOOST COMP RATES

Danish insurance companies will raise premiums on company policies covering workers compensation.

The banking and insurance regulatory authority, Finanstilsynet, has ruled that insurers must put aside increased funds to cover liabilities associated with on-the-job injuries. The ruling will cost employers around 250 million kroner (about $47 million) a year.