October 5, 2022
Minnesota rating structure changes in 2023Starting in 2023, the Minnesota Workers’ Compensation Insurers Association will be including trend, tail development, and loss adjustment expense data in pure premium base rates.
October 5, 2022
SFM Foundation in-person fall fundraising event returnsBack by popular demand, the SFM Foundation’s live fall fundraising event is scheduled for this November.
October 5, 2022
Policyholders receive portion of WCRA distributionThe Workers’ Compensation Reinsurance Association is distributing $35 million to policyholders who had Minnesota workers’ compensation policies in 2020.
July 5, 2022
SFM’s Wisconsin pool business grows steadilyIn late 2021, SFM became a servicing carrier for the Wisconsin Worker’s Compensation Insurance Pool and the first year has been busy. Through the first two quarters of the year, SFM has been writing 60-80 new policies per week, totaling 1,800 policies for $5.3 million in premium. SFM will take on new pool accounts until reaching 20% of the state’s pool policyholders.
June 27, 2022
Expert claim handling lets agents rest easyOur unique combination of effort, expertise and empathy allows us to provide the superior service that our customers and their employees rely on.
June 27, 2022
Wisconsin law changes impact part-time workers, PPD benefitsA number of changes to the Wisconsin Worker’s Compensation Act were signed into law in April.
June 27, 2022
Iowa Supreme Court defines ‘shoulder’ in rotator cuff work comp injury caseOn April 1, 2022, the Iowa Supreme Court affirmed a district court’s finding in Chavez v MS Technology LLC/Westfield Insurance Co. that an employee’s injury was a scheduled member injury to her shoulder rather than an unscheduled whole-body injury, agreeing that the definition of “shoulder” should not just be limited to the joint.
June 27, 2022
MN Supreme Court upholds benefits award in multi-employer work comp hearing loss caseOn May 16, 2022, the Minnesota Supreme Court upheld an award of workers’ compensation benefits to an employee for his hearing loss due to long-term exposure to noise over a 30-year period working for five employers.
June 27, 2022
Policyholders give premium audit experience high marksPolicyholders continue to give SFM’s premium audit experience high marks in follow-up surveys.
June 27, 2022
SFM Foundation holds fundraisers, new scholarships awardedSince its inception in 2008, the Foundation’s scholarship program has helped 216 students, including the 13 new recipients announced this summer.
