Tuesday, November 25, 2008

Zenith Files for 4.0% Rate Increase

Zenith National Insurance Corp. reported that its wholly owned subsidiary, Zenith Insurance Company, has filed today with the California Department of Insurance its workers’ compensation rates for use in California on or after Jan. 1, 2009.

The new rates represent an average increase of 4.0% when compared to rates in effect since Jan. 1, 2008.

Rates charged to employers are also affected by changes in experience modification factors and net credits and debits applied to individual accounts.

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