Senate Approves Interim Committee to Study MEM's Future

By Bill Kidd, Central Bureau ChiefThe state Senate gave final approval on Thursday to legislation requiring a study to decide whether Missouri Employers Mutual Insurance Co. should be required to be a fully private workers’ compensation carrier – and whether the state has a claim to part of MEM’s $161 million surplus.SB 856 by Sen. Scott Rupp, R-Wentzville, would establish the "Senate Interim Committee on the Structure of the Missouri Employers Mutual Insurance Co." The bill passed on a 26 to 7 vote.The committee will consist of five senators, with three appointed by the pres...