State Fund announced yesterday that they would be filing for an overall 9.5% rate decrease based on an improvement in their claims cost. This is an overall rate decrease and individual policy holders may see higher or lower decreases. The new rates will become effective September 1, 2016.
Hopefully, this is just the beginning of companies reducing rates for their workers' compensation policy holders.
We are in the process of updating our annual survey. We have traditionally sent this out in February but have delayed until August this year. This will be our 12th survey dating back to 2005. You can see the surveys we have done dating back to 2008 by going to our website www.smallbusinesscalifornia.org
Please take a look at our survey last year and let me know of questions you might like us to change or add. Also, if you would be willing to send this to your contacts I would appreciate your letting me know.
In a meeting with the LA Chamber meeting this week Secretary of State, Alex Padilla announced that there were about 2 million uncounted votes and projected the final vote count after the uncounted ballots are counted will be about 8 million voters. This represent about 45 percent of the 17.9 million of registered voters. I believe that today is the last day that the state will be accepting mail in votes. State law requires the final results to be in by July 8 and the certified results will be in by July 15.
There are few legislative seats that could be impacted by these uncounted ballots.
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