For optimal functionality and an enhanced user experience, the following browsers are recommended when using aiadc.org: Chrome (version 4x), Mozilla Firefox (version 3x) or Internet Explorer (IE) versions 9, 10 & 11. Some of our site’s features may not function as you might expect if you are using an older browser (IE7 or IE8).

ICYMI: Three Real Reforms for Illinois' Workers' Comp System

Contact: Marguerite Seidel
(202) 828-7196

By Steve Schneider

Now that Illinois' contentious primaries are over, state lawmakers have an opportunity to get back to business and tackle the litany of financial woes affecting the state. This year, Illinois ranked dead last on U.S. News & World Report's list of the most fiscally stable states.

Despite this ranking, some Illinois legislators continue to push bills that add undue stress to the state's business community. One key example is the push to put the state in the business of insurance. Specifically, both the House and Senate are considering bills that would establish the Illinois Employers Mutual Insurance Company (IEMIC), a workers' compensation insurance company funded by taxpayers and managed by the Illinois government.

Now, though the marketplace is vibrant, it is fair to say that there can be improvement to the current system, especially with respect to increasing the potential for lower costs. But unlike proposals such as HB 4595 and SB 2973, very few people are talking about the three reforms that would actually make a difference. 

To read the full op-ed, click here.

###

The American Insurance Association (AIA) is the trade association for today’s leaders in the property-casualty insurance industry. Our members work each day to protect the American Dream, whether that’s a house, car, business or otherwise. Now more than 150 years old, AIA has an unparalleled record of advocating on state, federal and international issues for insurers and their customers. 

Our membership is comprised of more than 330 companies, collectively writing more than $134 billion in premiums each year.

We have the experience of a veteran organization coupled with the innovative ideas that drive our industry forward. AIA is leading the insurance industry into the second half of the 21st Century… today.


AIA tweets

Dont give up on your goals today #WednesdayWisdom pic.twitter.com/hRE2tmVXeE

4 Hours Ago

AIA continues pushback against @AmLawInst restatement. We expect OH to be the first of many state legislatures to https://t.co/iaiF3OAls9

5 Hours Ago

A safe workplace is a productive workplace. S/O to @OSHA_DOL for the tools & tips #SafeandSound2018 https://t.co/RfJufjOBtM

6 Hours Ago

Tornadoes can form quickly & suddenly. Make sure youre ready to weather the storm @Zurich #summerstorms https://t.co/09Ax0uypAz

6 Hours Ago

Media Contacts

Maggie Seidel
VICE PRESIDENT, PUBLIC AFFAIRS
(202) 828-7196
mseidel@aiadc.org

Rachel Wallen
PUBLIC AFFAIRS MANAGER
(202) 828-7149
rwallen@aiadc.org

 

AIA MEDIA

media_alert_promo_300.jpg

AIA_slider_First_Read_02_300.jpg