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Articles Tagged with insurance

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anchorage-71798_1920-300x193Under changes proposed by the Alaska legislature, the Division of Workers’ Compensation may be merged with the Division of Labor Standards and Safety to establish a new Division of Workers’ Safety and Compensation. If this proposal becomes law, it would be the latest in a series of changes to the state’s workers compensation system.

Elected governor in November 2018, Mike Dunleavy (R) has said the state is facing a $1.6 billion budget deficit. He is proposing budgetary cuts to the tune of $1.8 billion. With more than 700 full-time state positions facing the axe, the restructuring of the Division of Workers’ Compensation may be seen as part of these changes. The new department would have an expanded remit, not only covering workers’ compensation but also investigating wages, payroll, and working conditions.
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coins-1523383_1920-300x200The Ohio Bureau of Workers’ Compensation (BWC) will cut the cost of the average premium rate for private employers by 20 percent. This is the largest single reduction in almost 60 years and follows the 12 percent reduction in premiums approved last year.

Stephanie McCloud, administrator/CEO of BWC, said, “We’re pleased to continue the trend of falling rates with a reduction that will save Ohio private employers more than $200 million next year.” These are, she said, the ninth reduction in workers compensation rates in Ohio since 2008.
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columbus-1618317_1920-300x183Two business owners in Ohio have been convicted for failing to have workers’ compensation insurance coverage for their employees.

The Ohio Bureau of Workers’ Compensation (BWC) first began investigating James T. Wilson, age 53, of New Albany when it was suspected the two companies he was owner and president of were operating without workers’ compensation coverage. Wilson ran both Performance Companies—which specialized in paving as well as hauling topsoil, concrete, and stone—and the Enviro Recycling Group, which specialized in the recycling of metal, asphalt, and concrete.
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skyline-1509136_1920-300x231A company based in Houston, Texas has been ordered to pay a quarter of a million dollars after it was found to be involved in a workers’ compensation insurance scam.

The conviction was obtained by the prosecution unit of the Department of Insurance, Division of Workers’ Compensation (DWC). The DWC’s investigation showed that, in the four-year period between 2008 and 2012, John Stergion, an employee of Alpha Mar, had both misrepresented the number of people employed by the company and also concealed payroll. Stergion’s actions resulted in reduced workers’ compensation insurance rates.
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dayton-ohio-20694_1920-300x150The three owners of a bar in Middletown, Ohio have been convicted of committing workers’ compensation fraud after pleading guilty to not providing their employees with the required coverage.

In Ohio, all employers with at least one employee are required to have workers’ compensation insurance coverage. The Employer Fraud Team (EFT) of the Ohio Bureau of Workers’ Compensation became aware that the Old Crow Bar at 1217 Jackson Lane in Middletown were operating without workers compensation coverage for their workers. The EFT then sent agents to interview Lynn Howard, age 69, of Franklin, together with Chris Kraft, age 47, and John House, 53, of Middletown who together owned the Old Crow Bar. Agents explained to the owners that they were not compliant with the law and gave them instructions on how to open a policy with the Bureau of Workers’ Compensation.
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