Rate increase for California workers comp of 8.25 percent receives approval

Workers Compensation insurance

Employees may also soon be seeing changes to disability insurance regulations. Dave Jones, the insurance commissioner in California, has just approved a 8.25 percent workers comp advisory pure premium rate increase in the state for policies that are either new or renewing as of July 1 of this year. Jones explained the reason for the increase in his order that called for it. He stated that though it may not look like there has been much of a change in the costs per unit, the increasing use of medical care…

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