Flash Report: WCIRB Says 6.3 Percent Decrease Or Increase 1.8%

The Workers' Compensation Insurance Rating Bureau is proposing a 6.3 percent average decrease to pure premium rates for policies renewing and incepting January 1, 2006. It proposed an alternative pure premium rate increase of 1.8 percent should recently passed SB 815 be signed by the governor. That is an 8.1 percent difference.