Hoist Liftruck President and CEO Marty Flaska calls Chicagoland home. But with out-of-control workers’ compensation costs, Flaska last year moved his business 15 minutes east, to East Chicago, Indiana.
That’s because Illinois is tied at seventh for the most-expensive comp rates in the country, according to the 2016 Oregon Workers’ Compensation Premium Rate Ranking Summary. Indiana, meanwhile, has the second-lowest rates behind North Dakota.
The Illinois Policy Institute is urging the legislature to retain companies such as Hoist Liftruck by binding the state’s fee...
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