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California Commissioner Rejects Workers' Comp Bureau Rate Increase

West News • July 8, 2009
Citing testimony that self-insured employers have been able to reduce overall workers' compensation costs, California Insurance Commissioner Steve Poizner has rejected the Workers' Compensation ...

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Subject: RE: WC rates rejected by Commissioner

Posted On: July 9, 2009, 12:46 pm CDT
Posted By: RateCraft
Comment:
This is nice - but as stated it is a recommendation it does not mean the carriers will not raise rates. Employers Direct has stated it will raise rates over 30% and ceasing writing new business, Zenith, Berkshire State Fund have all decided to raise rates too. Did they, will they? Is this fluffy talk? Proof is in the results of issued quotes and renewals.

Andrea Luoni
http://www.ratecraft.com
Subject Posted By Posted On
government dabbling bob
Jul 9, 2009, 12:59 pm
RE: WC rates rejected by Commissioner RateCraft
Jul 9, 2009, 12:46 pm
WC rates rejected by Commissioner Gayle
Jul 9, 2009, 12:27 pm
Politics again... west coast
Jul 8, 2009, 5:39 pm
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