California regulator disputes proposed workers' comp rate hike
California Insurance Commissioner Steve Poizner questioned a proposal from the state Workers' Compensation Insurance Rating Bureau to raise workers' compensation rates by 22.8%. After turning down an earlier proposal to increase the rates 24%, Poizner said he "will closely scrutinize this new WCIRB filing for evidence that the efforts are being made."
American City Business Journals | 08/12
This story published in PCI SmartBrief on 08/13/2009
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