Rating Agency Calls for 7.2% Workers’ Comp Rate Cut

Posted on: May 23rd, 2018 by Leaders' Choice Staff No Comments

Thanks to reforms enacted in 2014, California’s workers’ comp rating agency is recommending that the average benchmark rate be cut by 7.2% for policies effective July 1 and onward. The filing made by the Workers’ Compensation Insurance Rating Bureau is for the state’s pure premium rates, which are essentially the base rates to cover expected […]

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