The Tennessee Department of Labor and Workforce Development announced a record penalty collection of $1,012,161 assessed against employers for non-compliance with the insurance requirements of the state’s workers’ compensation law during fiscal year 2007.
State law mandates that the state’s Uninsured Employers Fund ensure that companies properly qualify as a self-insured employer or have workers’ compensation coverage in compliance with the law.
For the fiscal year 2007, the UEF collected $1,012,161 compared with $873,258 in 2005 and just $427,663 in 2004.
According to Commissioner James Neeley, a significant increase in penalties occurred after the 2004 Workers Compensation Reform Act which allowed the department to hire more staff and increase the number of investigations.
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Rikers Correction Officer Lied to Obtain Workers’ Compensation Benefits 
Florida Supreme Court Posts New Rule on AI Hallucinations in Court Filings 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says From This Issue
