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  January 29, 2007
   Source:  WorkInjury.com, California Chamber of Commerce
  ----------------------------

Outlining the 2007 agenda for the California Chamber of Commerce in Sacramento last week, Chamber President Allan Zaremberg stressed the need for California to remain business competitive.

Among other key factors, he pointed to the huge drop in workers' compensation premium rates since passage of SB-899 and vowed that the Chamber "will continue to protect and enhance the [workers' compensation] reforms in 2007." He went on to say,

"California's workers' compensation system has undergone a major transformation in the last four years. Since the CalChamber-supported reforms were passed, advisory insurance rates have dropped by more than 50 percent, according to the Department of Insurance. Workers' compensation costs to employers must continue to decrease to ensure that California remains economically competitive. The balanced reforms to the system are delivering significant cost savings..."

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