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Workers Compensation Premiums Rise for Many California Employers
Property & Casualty
May 13, 2013
May 13, 2013
1 minute
Many California employers are paying higher workers compensation premiums in 2013.
Many California employers are paying higher workers compensation premiums in 2013. The reason is twofold:
1) insurance carriers have increased rates, and
2) there has been a change in the formula that experience modifications (X-mod) are being calculated by the Workers Compensation Insurance Rating Bureau (WCIRB).
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