By Peter MantiusNorthern Bureau ChiefA self-insurance trust that provides workers’ compensation coverage to nearly 200 Illinois school districts sent a letter to members April 1 stating that it would soon be assessing them to cover a negative fund balance.The Workers’ Compensation Self-Insurance Trust, or WCSIT, said that adverse development of claims from 2008 and 2009 contributed significantly to its condition.In his letter to member school districts, WCSIT Chairman Scott Kuffel said they would soon be receiving assessment notices to be paid in three installments due each June 15...
Comments