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|Special Senate Committee Hears about Workmen's Comp
|(IRN)-Some Illinois senators are hearing about the cost of doing business in the state. A special committee, co-chaired by the Senate's leaders, President John Cullerton and Minority Leader Christine Radogno, heard stories from all sides of the workmen's compensation debate during a hearing at the Capitol.
The Illinois Trial Lawyers Association's president, Todd Smith, said if lawmakers want to reform the workmen's comp system, they should try looking at something other than simply restricting workers' awards: "Why don't we look at a safety program like ADM may have to reduce the number of injuries that are out there? Why don't we look at insurance regulation to reduce the cost to Illinois business?"
One of the committee's members, State Senator Ira Silverstein, wondered aloud whether there is evidence of an Illinois company actually leaving because of onerous workmen's comp laws. Greg Baise, president of the Illinois Manufacturers Association, said no, adding the manufacturing sector has seen a decline in jobs in the last two decades.
Smith said it's highly interesting that more 400 insurance companies provide workmen's comp coverage in Illinois, quite lucrative, he says. Cullerton said members of the insurance industry would testify when the committee meets again Wednesday (Dec. 8) in Chicago.
(Illinois Radio Network)
|12 06 10 by Newsroom
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