NU Online News Service, Sept. 16, 3:38 p.m. EDT

The California Workers' Compensation Insurance Rating Bureau (WCIRB) has revised its workers' compensation rate increase request to 27.7 percent from 29.6 percent, reflecting additional data that has become available since the initial request, the WCIRB said.

WCIRB communications director Jack Hannan, said the bureau submitted its original filing in August based on data available as of March 31. The updated request takes into account data through June 31 that was not available in August, he said.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.