Bills Would Instate Tiered Insurance Ratings, Allow Surviving Families to Collect $45K in PD

The lead senator in the Maryland legislature's workers' compensation committee introduced two bills Wednesday that would require comp insurers to use a tiered rating system, and would allow the families of workers who die under specific circumstances to collect up to $45,000 in benefits. Both bills were sent to the Senate's Finance Committee. SB 72 would require all workers' compensation insurers operating in Maryland to adhere to a tiered rating system. Used by state funds in places such as California, Texas and Colorado, these rating systems assign companies to tiers ba...