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Idaho: Commission proposes security for compensation rule
The Industrial Commission proposed rules regarding security for compensation for self-insured employers.
The proposed rule adds to the requirements for public and private employers applying for approval to become self-insured. The rule also expands on the acceptable forms of security. The proposal adds provisions to better ensure that security deposits are sufficient to cover the employer's liabilities and provides credit for excess insurance policies. The rule also changes the reporting requirements and forms to capture the outstanding liabilities of a self-insured employer for workers' compensation. Read more at the WorkersComp Forum homepage.
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