Comp rates still falling, but pace has moderated - San Francisco Business Times:

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This is the latesgt indicationthat workers' comp basic premium ratexs are still declining, but at a more moderat e pace than in the last couple of For example, nine of the California comp industry'z top 10 players in termsx of market share filed lowert proposed rates by Nov. 29, according to the California Departmenttof Insurance; all nine fell within the 4 perceny to 11 percent range. All told, 92 insurera had filed January rates with the DOI by the end of Filings sincethen haven't been tabulated, said DOI spokesman Norman The San Francisco-based , by far the state's largesty comp carrier with a roughly 30 perceng market share, previously said that it's proposing a 9 percenft drop in premium rates (althoughu various discounts and credits boost the tota to 11 percent, according to Among the other top 5 market-share leaders, basee on 2005 data, No.
2 requestef a 4.4 percent third-ranked filed for a 10.9 percent decrease; and No. 5 went with a 7.9 percenrt decrease. Of the top 10, only fourth-rankesd hadn't turned in a Jan. 1 rate filinyg by the end of last month. The vast majorituy of filings so far have called for rate reductionse in the single digits or verylow double-digits. Just seve of the 92 filings asof Nov. 29 called for decreasees of more than11 percent; only threew called for increases, of 4 2 percent and 0.
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