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KEMI Leaders Say Bonuses Were Planned for More Than a Year

Friday, August 14, 2020 | 244 | 0 | 18 min read

Sixteen months after a state audit faulted Kentucky's largest workers' compensation insurer for some of its spending habits, executives with the company have received bonuses, and their salary information has been scrubbed from a state website, a Kentucky newspaper reported. But executives and a former board chairman with Kentucky Employers' Mutual Insurance Co. said Thursday that there's more to the story. The incentive payouts were planned before the 2019 audit report was published and were tied to financial performance goals for the company, said Brandon Voelker, ...

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