X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST. LOUIS (AP) — Fifty-five permanently disabled people have not received payments from a Missouri fund for workplace injuries because of its ongoing financial troubles.

The St. Louis Post-Dispatch reported Monday that financial difficulties plaguing the Second Injury Fund prompted the attorney general’s office to begin withholding new permanent total disability awards in March. Attorney General Chris Koster estimates that if all the liabilities against the state fund were paid, the fund would be $20 million in debt by the end of the year. Plus, there are 28,000 pending claims against the fund with about 700 new ones filed each month.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.