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16
Oct
2020

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

17
Sep
2020

F-M soccer stunned in AA sectionals; J-D ousts ESM

first_img Tags: boys soccerESMF-MJ-D All season long in the AA ranks, F-M appeared to be the lone serious challenger to defending champion Baldwinsville, giving the Bees its lone blemish in a 2-2, weather-shortened draw at the start of October.The 14-1-1, state no. 6-ranked Hornets were paired in the sectional tournament with Liverpool, who was once 3-10 before winning its last three regular-season games. F-M had beaten them twice, by a 5-1 margin on Sept. 12 and a 2-0 margin on Oct. 3.This game was played on the high school stadium Field Turf at F-M, rather than Swan Pond. Perhaps more comfortable on a more familiar surface, the Warriors were able to keep the Hornets off the board throughout regulation and OT. It proved a dramatic and memorable Thursday evening in the quarterfinal round of the boys soccer Section III playoffs, with one local rivalry and another powerful side exiting the stage far earlier than it wanted or expected.Fayetteville-Manlius, the no. 2 seed in Class AA, suffered a stunning defeat to no. 7 seed Liverpool, ousted 7-6 in penalty kicks after 80 minutes of regulation and 30 minutes of overtime did not lead to a goal.Meanwhile, in Class A, Jamesville-DeWitt, the no. 6 seed, traveled to Spartan Stadium and ousted no. 3 seed East Syracuse Minoa 1-0 on Sam Bobrek’s goal just past the midway point of the second half.center_img F-M took 12 shots, all stopped by Dan Schaeber, while on the other end the Hornets were able to resist any time the Warriors threatened, goalie Will Summers holding up well in just his second start after Chris Szidat was sidelined.So it came down to penalty kicks. Through six rounds, neither side had missed. Going first in each round, Liverpool converted again, and F-M’s seventh shot by Corey Gallagher caromed off the crossbar, ending the Hornets’ season.Meanwhile, J-D and ESM were also meeting for the third time this season, but these sides had split their regular-season meetings, and would play a close one in their playoff encounter, too.The Spartans had most of the good chances in the first half, keeping up a consistent attack, but unable to get many close shots against J-D’s back line of Bobrek, Jacob Barry, Alex Pomeroy and Johnny Keib, while sophomore goalie Matt Gera handled every shot he faced.Then the Rams got some good fortune when, early in the second half, ESM’s Sean Belcher ripped a shot off the crossbar, and minutes later James Ferns had another point-blank chance that sailed wide right.Having absorbed all this, J-D looked for chances of its own. One arrived with a free kick that, with 18:40 left, turned into the winning goal when the shot deflected back to Bobrek and he curved a right-footed shot into the top left corner of the net.\Hanging on from there, the Rams advanced to face no. 2 seed Whitesboro in Tuesday’s sectional semifinal at Liverpool, with the winner getting to the sectional title game against PSLA Fowler or Watertown.Before all this happened, Christian Brothers Academy was ousted from the sectional Class A tournament in last Wednesday’s opening round as the no. 9 seed Brothers fell 5-0 to no. 8 seed New Hartford.Seton King’s goal 2:30 into the game put New Hartford in front for good. Alex Chiffy added a goal to make it 2-0 by halftime, and the Spartans got away in the second half as Chiffy, Nick Linder and Moaz Elazazzi all found the net. CBA closed its season with a 9-7-1 record.Share this:FacebookTwitterLinkedInRedditComment on this Story last_img read more