Committee incorporates amendments to bill that seeks to offer insurers an alternative labor rate survey process to those in DOI regulations. Though the DOI does not have a position on the bill, it is concerned about amendments late in the legislative process.
The California Senate Insurance Committee yesterday held a hearing on Assembly Bill 2276 (AB 2276) that seeks to provide insurers that conduct labor rate survey an alternative methodology to California Department of Insurance (DOI) labor rate survey regulations that came into force last year. Insurers are not required to conduct labor rate surveys in California, but if
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