The California Workers’ Compensation Insurance Rating Bureau’s Actuarial Committee is meeting on Sept. 5 to review second quarter data and the impact of reform legislation that was passed on Friday. The Rating Bureau in August approved a Jan. 1, 2013, filing recommending an advisory pure premium rate of $2.68 per $100 of payroll, 12.6% higher than the industry average filed pure premium rate of $2.38. The recommended rate is 7.63% higher than the $2.49 approved by Insurance Commissioner Dave Jones for policies beginning July 1.The Actuarial Committee agenda shows additional deterio...
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