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Bureau To Seek 22.8% Increase In Pure Premium Rate |
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From WORKERS' COMP EXECUTIVE:
Unfazed by last month's rejection of its recommendation to increase the workers' comp claims cost benchmark, the Workers' Compensation Insurance Rating Bureau is going to come back with a recommendation for a 22.8% boost for policies incepting or renewing on or after January 1, 2010 -- a difference of just a point from its mid-year filing. The decision was approved this morning by the bureau's governing committee.
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