Tag: rate hike
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Rate Hike Proposed For California Workers’ Comp
A rate hike of 2.7% in “advisory pure premium rates” has been recommended by the Workers Compensation Insurance Ratings Bureau (WCIRB), citing recent changes in California’s medical and medical-legal fee schedules. If approved by the California Department of Insurance (CDI), five hundred different categorizations of workers will be paying $1.50 per $100 of salary. The…