Today’s issue of WorkCompRecap features the Montana State Fund’s recent announcement that they will be reducing rates by 6% for the coming policy year, effective July 1, 2013. MSF noted that since 2007 it has lowered average rates to Montana businesses by 34.5%, and that focusing on safety in the workplace and getting injured employees back to work as soon as medically appropriate helps control costs, with tangible results. Find out more by clicking here!
Much in the same vein, Texas Mutual recently announced that it’s Board had unanimously approved a $175-million dividend, making this is the 15th consecutive year that the board has voted to distribute policyholder dividends, bringing the total to almost $1.4 billion, the majority of which has been paid since 2007. Find out more by clicking here!