The Workers Compensation Insurance Rating Bureau of California has recommended the state's workers' compensation insurance pure premium rate be increased 4.2 percent for policies effective Jan. 1, 2008.
State Insurance Commissioner Steve Poizner will make his own recommendation for the pure premium rate, which may or may not be in line with what the WCIRB recommended.
Although the pure premium rate is only advisory in nature and companies are not required to follow it, many will stay relatively in line with the commissioner's recommendation.
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