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CA: Garamendi Says All Must Pay for Comp System
07/31/2003
California Insurance Commissioner John Garamendi hastily called a press conference at the Embarcadero in San Francisco yesterday as he announced receipt of the 12 pure premium rate increase from the Workers' Compensation Insurance Rating Bureau WCIRB.
The rate increase would bring total rate
Category: News
WCIRB Approves 12% Increase in Pure Premium Rates
07/25/2003
The WCIRB Governing Committee yesterday approved the filing of an average 12 increase in advisory pure premium rates to be effective on policies incepting on or after January 1 2004. The recommended increase was based on an analysis of loss and loss adjustment experience as of March 31 2003
Category: News
State Fund Defends Reserves Despite Audit Concerns
07/23/2003
employers and 13 million workers.
Without substantive workers' compensation reform say many in the system further rate increases are inevitable. The Workers' Compensation Insurance Rating Bureau WCIRB has already indicated that another double-digit rate increase will be necessary effective Jan. 1
Category: News
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