http://www.clientcare-insurance.com/2008/08/14/the-bureau-recommends-higher-rates/ Profit from confidence in your worker's comp coverage Wed, 14 Apr 2010 22:43:00 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.clientcare-insurance.com/2008/08/14/the-bureau-recommends-higher-rates/comment-page-1/#comment-3 Mike Vrchota Fri, 15 Aug 2008 20:07:00 +0000 http://workerscomp-quote.com/blog/?p=6#comment-3 Dear Anonymous, Thank you for writing and for providing that information about the earlier non-approved rate filing. And, certainly each carrier will make their own decision about filing new rates up, down or sitting on what they have. If this filing <b>is</b> approved it will certainly give carriers cover if they do submit higher rates to the Commissioner. Dear Anonymous, Thank you for writing and for providing that information about the earlier non-approved rate filing. And, certainly each carrier will make their own decision about filing new rates up, down or sitting on what they have. If this filing is approved it will certainly give carriers cover if they do submit higher rates to the Commissioner.

]]> http://www.clientcare-insurance.com/2008/08/14/the-bureau-recommends-higher-rates/comment-page-1/#comment-2 Anonymous Fri, 15 Aug 2008 15:27:00 +0000 http://workerscomp-quote.com/blog/?p=6#comment-2 This isn't the first time in 4 years that the WCIRB has filed for an increase. It filed for an increase for Jan 2008 but it was not approved buy the commissioner. Also, this recommendation has not been approved by the commissioner. A decision is not likely until mid-October so the impact on 2009 policies is not yet known. Lastly, with the steep declines since 2003, the proposed increase put rates back on par with where they were in 2007. This isn’t the first time in 4 years that the WCIRB has filed for an increase. It filed for an increase for Jan 2008 but it was not approved buy the commissioner. Also, this recommendation has not been approved by the commissioner. A decision is not likely until mid-October so the impact on 2009 policies is not yet known. Lastly, with the steep declines since 2003, the proposed increase put rates back on par with where they were in 2007.

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