A bedroom community in Central Illinois is losing its workers' compensation coverage because of high loss ratios, according to a press report.The Beloit Daily News reported that the Illinois Municipal League -- which provides workers' compensation and other insurance for city governments through its Risk Management Association -- canceled coverage for the Village of Roscoe because its premiums did not cover its costs. Roscoe is a suburb of Rockford, Ill., west of Chicago.Village President David Krienke told the newspaper that the village has grown rapidly in the past few years, but its...
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