California Commissioner Lowers Workers’ Comp Benchmark

California Insurance Commissioner Ricardo Lara adopted and issued lower rates for workers’ compensation insurance benchmark rate by 5 cents to $1.41 per $100 of payroll effective Sept. 1. Lara’s decision results in an average advisory pure premium rate that is …

Original source: https://www.insurancejournal.com/news/west/2021/07/21/623712.htm

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