WCF to Sell Advantage Under Idaho Pressure

Time is up for Utah's Workers Compensation Fund (WCF). Idaho's insurance commissioner gave the fund a Nov. 1 deadline to cut all ties with Utah government or get out of Idaho. WCF has decided, as a result, to sell its out-of-state subsidiary, Advantage. Advantage writes comp businesses in Idaho, Nevada and Montana, and has attempted to expand in other states as well, but has met resistance with allegations of unfair competition because of alleged support received from its tax exempt parent, WCF. Idaho is among 25 states that ban state-owned or -controlled insurers. A long standing dispute has...