NU Online News Service, Aug. 12, 12:42 p.m. EDT
California Governor Arnold Schwarzenegger is opposing a suggested 29.6 percent workers' compensation rate increase as the state's Workers Compensation Insurance Rating Bureau (WCIRB) took another step toward filing the request with the Department of Insurance.
The WCIRB's Governing Committee yesterday approved the Aug. 4 recommendation from the bureau's Actuarial Committee for a 29.6 percent increase in workers' compensation pure premium rates.
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