CompSource Conversion Challenged 

Oklahoma Watch logo

 CompSource Conversion Challenged 

  • A policyholder’s class action lawsuit to block a potential conversion of CompSource Mutual into a stock company is still pending in the courts.  
  • Public hearing on the conversion draws little attention. 
  • Decision to approve or deny the conversion by Insurance Commissioner Glen Mulready is expected any day. 
    READ MORE

 

Costs For Silicosis Claims Expected To Rise 

  • Australia banned artificial stone countertops but not before thousands of workers were exposed to the toxic dust. 
  • New research indicates that costs for claims of silicosis are likely to keep increasing for years to come.  
  • Costs for silicosis claims grew from $5.1 million in 2019 to $21.9 million in 2024. 
  • Costs are projected to hit $29.9 million by 2031.
    READ MORE

 

Pennsylvania Now Covers Post-Traumatic Stress Injuries 

  • A new law took effect October 29th that makes post-traumatic stress injuries (PTSI) among firefighters compensable under the state’s workers’ comp system. 
  • SB 365 was the enacting legislation. 
  • The law was backed by the Pennsylvania Professional Fire Fighters Association (PPFFA). 
    READ MORE