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Insurance Commissioner Steve Poizner on Friday urged workers' compensation insurers to hold the line on premiums and ignore an industry call for higher rates.

Poizner officially rejected a proposed 28 percent increase submitted by the industry-run Workers' Compensation Insurance Rating Bureau. Both sides' findings – Poizner's and the rating bureau's – are advisory. Insurance companies are free to set workers' comp premiums as they wish.

Read more: http://www.sacbee.com/2010/11/20/3199090/poizner-rejects-hike-in-workers.html#ixzz15r3Dtw8a
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