UT Gov Makes Case for Privatizing WCF

Utah Governor Mike Leavitt started yesterday off on the wrong foot, alienating legislators even before he pitched a sale of the state's Workers Compensation Fund, because he briefed the press before he briefed lawmakers.Nevertheless, Leavitt made his case to both the Senate and the House, stating that the Fund is in danger of losing its tax-exempt status, so lawmakers must decide whether it should be privatized, and if so, how. One of the Fund's subsidiaries, Advantage Workers Compensation Insurance Co., which insures Utah companies' activities in other states, is being challenged as it tries ...