The Insurance Commissioner
approved yesterday a 7.6% increase in workers compensation pure premiums
effective Jan 1st, 2014. The insurance companies are not required to
take this increase as they can file their own rates higher or lower. I
have heard of companies not taking any increase, overall though I would expect
most companies to take some increase. State Fund took a 6.5% increase for Jan
2014.
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Yesterday, Covered California
previewed a soft launch of its small business group health product [SHOP]. You
can see what options you have by going to www.coveredca.com.
Remember you can use an Agent/
broker who is certified. There is no additional cost for this.
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November 30th is Small Business
Saturday. The Governor has sent out a memo encouraging people to support small
businesses around the state. He noted that 99% of the employers in California
are small businesses and employ 52% of the state’s employees.
I usually get a call from a
local radio station on Small Business Saturday so let me know what you
are doing!
Scott Hauge
President
Small Business California
2311 Taraval Street
San Francisco, CA 94116
shauge@cal-insure.com
415-680-2188
President
Small Business California
2311 Taraval Street
San Francisco, CA 94116
shauge@cal-insure.com
415-680-2188
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