Garamendi Cuts Calif. Comp Advisory Rate 20.9%
NU Online News Service, May 28, 3:55 p.m. EDT?California Insurance Commissioner John Garamendi announced today he will lower the advisory pure premium rate for workers' compensation insurance by 20.9 percent.[@@]
The department said this is "a clear signal that substantial savings from system reform are available to provide relief to employers currently paying the highest premiums in the nation."
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