California employers can expect to pay more in workers' compensation costs next year regardless of what Insurance Commissioner Steve Poizner decides after today's public hearing on a proposed rate increase.
That proposed pure premium rate increase jumped by a full percentage point to 5.2% on Friday, after the California Workers' Compensation Insurance Rating Bureau added the estimated cost of Assembly Bill 338 to an earlier proposal.
Gov. Arnold Schwarzenegger on Oct. 13 signed AB 338 into law. Introduced by Assemblyman Joe Coto, D-San Jose, the bill allows a temporarily disabled worke...
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