Montana’s workers’ compensation insurer returning a record $40M in dividends to businesses
The state legislature in 1989 created the
The dividends paid out to roughly 95 percent of its customers are the result of improved workplace safety and investment income, said
The quasi-public nonprofit is overseen by a governor-appointed board that operates its
"Our liabilities last sometimes for decades," Hubbard explained. "If someone got hurt tomorrow, we might be paying on that claim for 30 or 40 years."
In each year since the
In Billings, the Yellowstone Girls and
"What we try to do is find a way to incentivize employers in a financial manner ... to continue to invest in workplace safety," he said.
For workplace injuries,
Hubbard said it's not entirely clear why
"They think first about getting the job done and they think secondarily about safety programs," he said. "They have to reverse that."
"The good news is we're making progress. The bad news is so is everyone else; so, comparatively, we're still high," he said.
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