Panel Ignores Gov, Advises Increase in Workers Comp Insurance Rates

A state advisory board is recommending a 24.4 percent increase in workers' compensation insurance rates.

The panel is ignoring Gov. Schwarzenegger's complaint that the large rate hike would hurt state business firms and workers.

The recommendation now goes to Insurance Commissioner Steve Poizner. If he agrees, the rate hike takes effect July 1.

Copyright AP - Associated Press
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