Garamendi Says Issue not a Rate Increase

There was surprisingly little media coverage of California Insurance Commissioner John Garamendi's hastily announced press conference in the middle of testimony on the WCIRB's proposed rate increase, since workers' compensation is such a hot media topic this year.Late last week, the Commisioner's office announced that a press conference would take place during a break in a public hearing on the WCIRB's 10.6 percent pure premium rate increase request, to highlight the difficulties California employers are facing as a result of the dramatic rise in workers' compensation premiums.It seems the pre...