California Workers Compensation Insurance Rates May Be on the Decline

Workers Compensation Insurance rates in the state of California are the most expensive in the country. According to a 2016 study by the Oregon Department of Consumer and Business Services, rates on workers comp premium in the state of California are 179% what the average premium is throughout the United States. Those rates could be going down in the near future. This comes as a result of a statement issued by the California Insurance Commissioner Dave Jones. The statement recommends to revise the advisory pure premium rate throughout the state. The recommendation, if followed, would lower the benchmark to...

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