Calif. Comp Insurers Rate Cut Vexes Garamendi
NU Online News Service, July 14, 3:42 p.m. EDT?Workers' compensation insurers are giving California employers a rate cut that is only half of what the state's top insurance regulator has recommended.[@@]
Insurance Commissioner John Garamendi said yesterday the latest rate filings show the cumulative, average, premium weighted, overall rate reduction for all companies is down 10.38 percent.
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