Reflecting the California workers' comp market's continuing improvement, the average statewide insurer rate per $100/payroll for policies written in the third quarter—excluding deductible credits--is $4.42. This is almost 18 percent below the rates charged in the first 6 months of 2005 and 32 percent below the average rate charged for the second six months of 2003, according to the Workers' Compensation Insurance Rating Bureau.
Read More...
