California Insurance Commissioner John Garamendi has recommended a 9.5 percent cut for workers’ compensation insurance pure premium rates for policies incepting on or after Jan. 1, 2007. The recommendation far exceeds the 6.3 percent cut recently recommended by the Workers’ Compensation Insurance Rating Bureau (WCIRB).
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.
Additional Resources:
Statement on Workers’ Compensation Rates California Insurance Commissioner
Workers’ Compensation Insurance Rating Bureau