Articles by author: Premier Professionals

Community banks continue to scramble in this low-interest rate environment to find new opportunities for credit demand that both maintains spread margins as rates rise and provides assurance for long-term credit quality.

The Workers’ Compensation Insurance Rating Bureau of California, or WCIRB, has recommended a 22.8 percent increase for policies written or renewed after Jan. 1, 2010.

State Insurance Commissioner Steve Poizner opposes the proposed rate increase, saying that California employers simply can’t afford the increase given the weakness of the economy and the state’s high unemployment rate.