workers’ compenastion insurance

Workers’ Compensation Insurance

The SC Small Business Chamber of Commerce (SCSBCC) is recognized as the primary organization fighting on behalf of small businesses regarding Workers’ Compensation Insurance in the regulatory and legislative process. In 2004 in an effort to stabilize or reduce Workers’ Compensation Insurance premiums, the SCSBCC held a series of workshops and convened a task force […]

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Opposing workers’ comp and SCE&G rate hikes

The workers’ compensation insurance industry and SCE&G both have hearings in the coming months regarding their requests for more revenue.  The South Carolina Small Business Chamber of Commerce (SCSBCC) and its president and CEO, Frank Knapp Jr., will intervene to oppose both rate hikes. The SCSBCC is joining the S.C. Consumer Advocate’s Office in pushing

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Crocodile tears of insurance industry

The crocodile tears were flowing at yesterday’s South Carolina Senate Banking and Insurance Subcommittee that was hearing two bills supported by the South Carolina Small Business Chamber of Commerce (SCSBCC).  One bill, S.31, would simply require all proposed workers’ compensation loss cost rate adjustments (increases and decreases) to be subject to a hearing before a

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Vote sets the stage for higher workers’ compensation premiums

In a surprising move this week, the South Carolina Workers’ Compensation Commission voted 4 to 2 to support a regulatory change that is opposed by both business and the insurance industry.   On August 15th, I and a slew of folks appeared at the Commission’s public hearing on this matter.  My testimony can be found here.

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Goliath goes down

Back in November the South Carolina Small Business Chamber of Commerce sent an Action Alert to our members urging them contact the S.C. Workers’ Compensation Commission to express their opposition to an insurance industry proposal unfair to small businesses. The industry wanted to shorten the time companies had to wait to cancel a workers’ comp

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