An industry group of insurers spoke against House Bill 1287, a bill that seeks to further workers’ compensation changes through regulation and price control, according to WorkersCompensation.com on July 1.
The group consists of the AIA, the National Association of Mutual Insurance Companies, the Illinois Insurance Association, and the Property Casualty Insurers Association of America; these companies were represented by Steve Schneider, the regional vice president of the American Insurance Association.
In his statement, Schneider said that HB 1287 would destroy flexibility in the insurance marketplace for both insurer and the customer with its regulated price control scheme.
The attorneys at Spiros Law, P.C., understand the constantly changing nature of workers’ compensation, and we have experience helping workers out no matter the political situation. Call our offices in Champaign today at (217) 328-2828 to learn how we may help you secure the benefits you need to support yourself and your family while you are unable to work.
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