"While our economy continues to grow, insurance companies should be sharing the savings and benefits of increased stability with California's businesses and workers," California Insurance Commissioner Ricardo Lara said. Credit: Andrii Yalanskyi/Adobe Stock
California's workers' comp benchmark rate now sits at $1.46 per $100 of payroll, a decline of 2.6% compared with the year prior, according to the California Department of Insurance (CDI).
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
