Today’s issue of WorkCompRecap features two interesting statements coming out of a few different industry associations. First up is the ACIC, an affiliate of PCI, who put their support behind California Insurance Commissioner Dave Jones by saying that he and the Workers Compensation Insurance Rating Bureau (WCIRB) are making the right move by reassessing how the pure premium rate is calculated. ACIC President Mark Sektnan called Jones’ request that the WCIRB compare rates to what is really being charged in the market “a prudent and appropriate step to take that will avoid confusion for employers”.
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