On April 1, 2004, in anticipation of enactment of workers' compensation reform legislation in the near future, California Insurance Commissioner John Garamendi issued a Notice of Proposed Action and Notice of Public Hearing for the purpose of assessing the pure premium rate to be effective July 1, 2004. The Workers' Compensation Insurance Rating Bureau (WCIRB) on Friday issued a statement that the WCIRB Governing Committee voted not to file for changes to the advisory pure premium rate level effective July 1, 2004; however, the Committee recognized that a rate filing might be necessary if work...
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