SAN DIEGO — The jubilant mood at Credit Union Self-Insured Group of California's March 13 annual meeting was a far cry from the doom and gloom forecasting at most industry gatherings these days.

The workers' compensation self-insurance CUSO had nothing but good news to share with its member credit unions, with the announcement of premium rates falling below $1 per $100 payroll topping the list of accomplishments. The new rate is about half of the current market rate in California.

"We're finally seeing the benefits coming to fruition," reported Chris Daniels, CUSO treasurer and vice president of human resources and training at $1.6 million Travis Credit Union.

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