Regulations

Workers’ Comp Rates to Drop Big

Where was that headline 11 days ago?  On June 10th, the S.C. Department of Insurance put out a media advisory saying that its Director, Scott Richardson, had approved an overall 9.8% decrease in worker’s compensation insurance rates (technically the cut was to something called “Loss Costs in the Voluntary Market” but I don’t want you

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Study of Small Employers and the S.C. Second Injury Fund’s Impact on Workers’ Compensation Premiums

Advanced Insurance Management (“AIM”) was commissioned by the South Carolina Small Business Chamber of Commerce to perform a study regarding the impact on the Workers’ Compensation insurance costs of small employers from the operation of the South Carolina Second Injury Fund (“SCSIF”). Accordingly, AIM researched how the South Carolina Second Injury Fund operates, and reviewed

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