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House panel urges stricter controls on workers compensation rates
A Springfield committee report calls for written approval of rate hikes by the state insurance director and for public hearings before increases. It also recommends private audits of rate justifications and reforms to how insurers’ financial resources are assessed, citing industry concerns over rising costs.
MENTIONED IN THIS ARTICLE
Springfield
House
Associated Press
Terry A. Steczo
D-Tinley Park
Steezo
Special House
Steeze