The California Workers’ Compensation Insurance Rating Bureau believes advisory pure premium rates should be increased 7.63%, effective Jan. 1, but the organization says it will be ready to amend its filing if Gov. Jerry Brown signs a workers’ compensation reform bill this year. No legislation has been introduced to date, but sources have reported the possibility that legislation could be ready as early as next week. If a reform bill is enacted, the next question is how much data the Rating Bureau will have available to accurately predict the impact.Last week, the Rating Bureau&rsqu...
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