Workers Compensation Fund News

Kansas Insurance Commissioner: No Workers’ Comp Fund Assessment for FY 2024

Kansas Insurance Commissioner Vicki Schmidt announced there will not be a Workers Compensation Fund assessment this year. Carriers, pools, and self-insured businesses will not be required to pay into the assessment fund for fiscal year (FY) 2024. This will reduce …

Utah Workers’ Comp Fund Announces 6% Dividend

Utah’s Workers Compensation Fund has declared a $12 million dividend that will be distributed to a majority of policyholders this month. Policyholders can expect to receive a dividend equal to 6 percent of their 2014 premium. More than 19,000 businesses …

Utah Workers’ Comp Fund Distributes Second Dividend in 2014

Workers Compensation Fund in Utah has declared a second dividend in 2014. The $9 million dividend represents 5 percent of premium collected from July 1, 2013 to June 30, 2014. With this second dividend, WCF will have paid 10 percent …

N.J. Court Rejects Insurer’s Argument, Rules Missing Man Not Liable for Cop’s Injury

A New Jersey state appellate court has ruled that a man who went missing in northern New Jersey is not financially responsible for the injuries suffered by a police officer who was hurt while trying to find him. The Star-Ledger …

Utah Workers Comp Fund Distributes $8 Million Dividend

The board of directors for Utah’s Workers Compensation Fund declared a dividend to be distributed to a majority of policyholders in May. Policyholders can expect to receive 5 percent of their 2012 earned premium. With this distribution, WCF will have …

Senior Management Changes at Utah Workers Compensation Fund

Bob Short has been promoted from senior vice president of claims for Salt Lake City, Utah-based Workers Compensation Fund to executive vice president. Short joined WCF in 1993 as senior vice president of claims. Short is also the president and …