Insurance industry happy with reforms
Responding to Sen. Alarcon's call for rate regulation, Insurance industry spokesman says Sam Sorich says: "Workers' compensation rates today are falling and the future looks even brighter as more insurers enter the California market and the reform package is fully implemented," Sorich said. "The reforms not only stabilized a once-turbulent system, they reversed a devastating trend of rate hikes that were suffocating California's business community." Read the entire article here >>>