The Ohio Bureau of Workers’ Compensation has paid hundreds of millions to state employers overcharged for insurance premiums and has dropped its appeal of a decision that led to the payments.
The Ohio Supreme Court granted bureau administrator Steve Buehrer’s request to dismiss the state’s appeal of a long-running class-action suit that determined the bureau set up an illegal rating system resulting in employers being overcharged unfair premiums from between 2001 and 2009.
Bureau spokeswoman Melissa Vince says the state mailed 24,140 checks totaling $255 million to affected businesses in June. That represented 60 percent of the $420 million the state agreed it owed in a settlement struck last summer.
Despite promotional efforts, many small-business operators who could’ve benefited from the agreement were unaware they were covered.
Topics Workers' Compensation Ohio
Was this article valuable?
Here are more articles you may enjoy.
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown
Amazon Sued Over ‘Punitive’ Handling of Employee Absences
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 

