Workers Comp Terrorism Insurance Bill Questioned

Terrorism Insurance Surcharge Is Coming Up for Renewal, But Lawmakers Question the Workers Comp Add-On For 10 years, states across the US have paid a small workers comp surcharge that would cover employees and businesses in the event of a terrorist attack. The bill is now approaching renewal, and lawmakers are beginning to question the validity of the workers comp addition. Although the amount each state workers comp insurer charges is relatively small - in Illinois, the surcharge is around 4 cents, while in Virginia, the surcharge is … [Read more...]