News

Quinn Touts Workers’ Comp Drop

Quinn Touts Workers’ Comp Drop

Illinois Gov. Pat Quinn says the state’s workers’ compensation insurance rates will drop 5.5 percent next year.

Quinn announced Wednesday the cut in rates is being recommended by the National Council on Compensation Insurance, which annually reviews payments and fees and proposes new premium figures.

Illinois Department of Insurance officials are estimating the latest proposed reduction in workers’ compensation advisory and loss cost rates could result in overall reduction in premiums of up to $143 million in 2015. They say the total savings since the reforms were enacted in 2011 is expected to reach $458 million.

Illinois Manufacturers’ Association President Greg Baise is applauding the news, but says the rates must drop more to increase the state’s competitiveness.

The workers’ comp system pays health expenses for injured workers.

Recent Headlines

in Local

T-Mobile Customers May Be Eligible for Refunds

local_news_generic

Court ruling says cellphone company illegally charged customers

in Local

Quinn Appoints Former Budget Director as Comptroller

FILE - In this March 6, 2013 file photo, Illinois Comptroller Judy Baar Topinka gestures on the House floor at the state Capitol in Springfield, Ill. Topinka, who won a second term in November 2014, died early Wednesday morning, Dec. 10, 2014, less than 24 hours after having a stroke, according to her office. She was 70. Topinka previously served three terms as Illinois state treasurer, was a former Illinois GOP chairwoman and ran for governor in 2006.

Illinois Gov. Pat Quinn is scheduled to announce the successor to late Comptroller Judy Baar Topinka at a Friday event in Chicago.

in Local

Deputies to Be More Visible in Rural Areas

sangamon county sheriff

Barr wants his department on the country roads more

in Local

Durbin: New Budget Acceptable, Needs Tweaking

dickdurbin2

Says some provisions need to be changed