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Gov's Bid to Take $20 Million from IWIF Reserves Triggers Concerns

Wednesday, February 3, 2010 | 0

Maryland's small businesses and claimants' lawyers are warning that Gov. Martin O'Malley should call off plans to take $20 million from the reserves of the Injured Workers' Insurance Fund (IWIF) to help plug a $2 billion shortfall in the state's operating budget.Representatives of both the National Federation of Independent Business (NFIB) and the Workers' Compensation Section of the Maryland Association for Justice, the state's trial bar, warned that O'Malley's budget plan doesn't bode well for either employers or injured workers."If you lose $20 millio...

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