Governator Says No To WCIRB 30% Increase
The governator says no to WCIRB 30% increase in pure premium rates. I was surprised to see this one. I understand that Governor Schwarzenegger has always been as pro-business as possible. I cannot remember when he has offered any input into a recommended increase. Was it political in nature?
Now that California Insurance Commissioner Poizner has no immediate political aspirations, is the Governor worried that the increase will be approved in full? Could the Governor want to seem even more pro-business before an election?
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