Workers’ Comp Bureau Aims To Hike Premiums by 30%
The Workers' Compensation Insurance Rating Bureau has proposed a 29.6% increase for employer-provided premiums, citing 2005 reforms that led to a boost in the severity of claims. Gov. Arnold Schwarzenegger (R) and Insurance Commissioner Steve Poizner (R) have opposed similar premium increases, but they are unlikely to address the issue before their terms in office end.
- "Big Boost Proposed for Workers' Compensation Premiums" (Walters, "Capitol Alert," Sacramento Bee, 8/19).