Insurance Commissioner John Garamendi has announced he will recommend a
16.4 percent decrease in the workers’ compensation pure premium rate
for policies starting on or after July 1, 2006. This recommendation is
the latest in a string of recommended rate reductions since July 2003,
when workers’ comp reforms went into effect. The cumulative recommended
reductions since July 2003 now stand at just over 55 percent.
Join us this fall in San Francisco for the California Employment Law Update conference, a 3-day event that will teach you everything you need to know about new laws and regulations, and your compliance obligations, for the year ahead—it’s one-stop shopping at its best.