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Wolf Administration Announces Workers’ Comp Insurance Rate Cut, Further Lowering Cost of Doing Business in Pennsylvania

first_img Press Release Boyertown, PA –Wolf Administration cabinet secretaries for the Insurance Department and Labor & Industry today announced Pennsylvania businesses will see another cut in workers’ compensation insurance rates while maintaining benefit levels for injured workers.Insurance Commissioner Teresa Miller and Labor & Industry Secretary Kathy Manderino made the announcement at an event at Global Advanced Metals in Boyertown.Workers’ comp insurance rates will drop 6.21 percent, effective April 1, reducing a key expense for many companies and saving Pennsylvania businesses an estimated $150 million this year.“This significant rate cut comes on top of reductions during my administration’s first two years, which improved our state’s standing across the nation for this cost of doing business,” said Governor Wolf. “Today’s reduction will further help business owners create jobs that pay in Pennsylvania and at the same time, maintain fair benefits for workers injured on the job, something that is vital for families’ financial well-being and peace of mind.”Today’s rate cut announcement comes following a national study released last November, showing Pennsylvania improved its standing among states in workers’ comp insurance costs under the Wolf Administration, dropping from 17th highest to 26th highest from 2014 to 2016.  The Oregon Department of Consumer and Business Services conducted the study comparing workers’ comp insurance rates for 50 selected employment classes based on methods that put states’ workers’ comp rates on a comparable basis with a constant set of state-specific risk classifications.Commissioner Miller said her department under Governor Wolf’s leadership is working to maintain a vibrant and competitive workers’ compensation insurance market, helping keep costs down.“More than 325 companies offer workers’ compensation insurance coverage in Pennsylvania,” Commissioner Miller said.  “This means employers are able to find attractive, cost-efficient options for this vital insurance.”The rate reduction follows the Insurance Department’s approval of the Pennsylvania Compensation Rating Bureau’s annual loss cost filing. These loss costs are used to determine the premiums businesses pay for workers’ compensation insurance. The premium savings for an individual employer will vary based on the employer’s risk classification, claims experience and other factors. Not all employers will see a decrease.This is the sixth consecutive workers’ compensation insurance cut in as many years, and brings the cumulative savings to $720 million for the past six years. Workers’ compensation insurance covers the cost of medical care and rehabilitation for injured workers, and lost wages and death benefits for the dependents of those killed in work-related accidents.The other important component of today’s announcement is that benefit levels have been maintained for injured workers.  Labor & Industry Secretary Manderino said certified workplace safety committees, overseen by her department, are key for both cost and safety.“Certified workplace safety committees help employers and workers keep safety top-of-mind at all times,” Secretary Manderino said.  “And those companies with a committee receive a five percent discount on their workers’ comp insurance premiums.”More than 11,220 state-certified workplace safety committees have been established since March 1994, protecting more than 1,463,000 workers. Additionally, employers with certified workplace safety committees have saved close to $604.2 million in workers’ compensation premiums. These savings in insurance costs are due solely to the five percent premium discount provided to businesses that have these committees.Global Advanced Metals has a long-standing certified workplace safety committee and won a Governor’s Award for Safety Excellence in 2016. Global is a leading manufacturer of high performance tantalum metallurgical and powder products to the electronics, aerospace, automotive, and chemical manufacturing industries.“Global Advanced Metals, Inc. is proud of our safety record, which is a reflection of the hard work and dedication of our workforce to our safety process.  This dedication to safety has been instrumental in our successful certification as an OSHA VPP Star site since 2008, as well as receiving the Governor’s Award for Safety Excellence,” said Mark Lackey, Boyertown Facility General Manager.  “We could not have achieved this level without the safety focus and effort from all of our employees and contractors.  It is great to see that our efforts and the efforts of many companies in Pennsylvania have contributed to real cost reductions for current and future businesses in PA.”Secretary Manderino added her department’s Bureau of Workers’ Compensation Health & Safety Division provides employers with the most up-to-date and relevant safety information and benefits possible for employees.  Employers should contact their insurance company or agent for more information about how their workers’ compensation premiums will be affected.More information on Pennsylvania insurance products is available at www.insurance.pa.gov.For more information on making Pennsylvania’s workplaces safer, visit www.dli.pa.gov, “Workers’ Compensation Services.” March 30, 2017 SHARE Email Facebook Twittercenter_img Wolf Administration Announces Workers’ Comp Insurance Rate Cut, Further Lowering Cost of Doing Business in Pennsylvanialast_img read more


Water polo hits the pool for season opening weekend

first_imgYearning for another championship, women’s water polo prepares for their first competitive preseason game Friday against the UC San Diego Tritons before traveling to Whittier on Saturday. The weekend will begin the Women of Troy’s campaign to the MPSF and NCAA playoffs.The No. 19 Tritons have garnered a 3-1 preseason record beating Azusa Pacific 15-7, CSUN 10-9 and CSU Bakersfield 9-7 while falling to UC Santa Barbara 9-10. Senior 2-meter defender Alexis Wieseler has already paved her way as the preseason leading scorer for the Tritons with 13 goals in 4 games while goalie Courtney Miller has racked up 38 saves thus far in preseason play.Returning for his 22nd consecutive season, Coach Vavic and the Women of Troy expect to make a splash in the preseason and MPSF play on their campaign for a thirteenth straight trip to the NCAA Tournament. With seven members having played at the national level in both the FINA World Championship and the FINA Junior World Championship, the Women of Troy have proven to be a highly skilled team to be reckoned with.Looking into the roster, the Trojans boast a deep defensive line-up with six outstanding goalies, including sophomore Victória Chamorro who had an outstanding freshman season with 207 saves and All-MPSF honors. Making her debut season with the Trojans, Amanda Longan is expected to bring extra fire to the cage with an already impressive track record, having received the Top Goalkeeper award at the 2015 FINA Junior World Championship.Opponents of the Trojans face double trouble on offense from the Haralabidis sisters, Ioanna and Stephania who shared a total of 114 goals last season, and Canadian sophomore Hayley McKelvey who represented Canada in the 2012 and 2014 FINA Youth World Championships as well as the 2015 FINA Junior World Championship.“Our main goal is to be the best defensive team in the league,” sophomore captain driver Brianna Daboub said. “Ultimately, we’d like to take down No. 1 Stanford and be NCAA champions.”The Women of Troy are confident in their younger squad and believe they have a special chemistry that will ultimately set them apart from the competition and lead them to the playoffs.“Though we did lose some key players, we have a younger talented team and we are very close, so we’re working to play as a unit in the pool and stay strong on defense,” senior driver Melissa Bergesen said.The season opener against the Tritons will begin at 5 p.m. at the Uytengsu Aquatic Center.last_img read more


WAFA on how they beat Kotoko: “We were clinical”

first_imgWAFA coach John Killa says his young lads took their chance against a wasteful Kotoko on Wednesday.The Academy boys handed the defending league champions their 8th defeat of the season with a 1-0 scoreline courtesy a 51st minute strike from 17-year-old Majeed Ashmeiru.The Dutch trainer whose side now lie third on the First Capital Plus Premier League (FCPPL) log with 36 points admits his team was outplayed but expressed satisfaction at their ability to grind out results at the end.“If you are leading possession in the game and you do not utilize your chances and you squander them all, the game can turn against you the opposition team and that was something which happened in the game and we punished Kotoko, so we deserve it,” Killa said in a post-match interview.“We always play fantastic games and we always lose at the end but today we did well and we were hopeful to win and it happened.”WAFA travel to face Liberty Professionals next at the Carl Reindorf Park while struggling Kotoko lock horns with leaders AshantiGold in Kumasi on Sunday, July 26. CLICK TO READ: Matchday 23 game-by-game reviews–Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySportslast_img read more