Illinois Bucks Trend in Other States; Looks to Establish Competitive Workers Comp State Fund | PropertyCasualty360
If the creation of a competitive state fund in Illinois can produce better results than the private market and at a lower premium cost to businesses this is a win win.
Illinois state legislators are running counter to a national trend by proposing creation of a state workers’ compensation insurance fund that would compete with the private system.
The development is generating deep angst amongst Illinois insurers and industry trade groups.
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