BWC Approves $1 Billion Dividend

The Ohio Bureau of Workers' Compensation, in announcing its latest dividend Friday, said it has returned more money to employers since 2019 than it collected in premiums. BWC announced that its board of directors approved a $1 billion dividend, which represents about 90% of premiums paid in policy year 2022. The latest distribution brings to $10.2 billion the total returned to employers over the last seven years. "Employers have now been sent more in dividends than they have paid in workers’ compensation premiums since 2019," the BWC said in a statement. Checks will be d...