- The Arizona Department of Insurance and Financial Institutions reviewed and approved a filing by the National Council on Compensation Insurance to lower workers’ comp rates by 6.7%.
- The rate cut is the 12th consecutive annual reduction for workers’ comp rates.
- The state has 335 different insurers who write approximately 120,000 workers’ comp policies annually.
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Ohio Recoups $23,000 In Fraud Case
- The Ohio Bureau of Workers’ Compensation (BWC) recovered nearly $23,000 from the owner of a transportation company who was convicted of workers’ comp fraud.
- The owner of BDC Transportation, Sefton Bryant, continued to operate the company after its workers’ comp policy lapsed due to non-payment of premiums.
- Bryant paid the $23,000 to get the policy reinstated as part of a plea agreement that had him copping to a single count of workers’ comp fraud.
- The rate cut is the ninth straight approved for the state.
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