Comp Quotes - Winter 2017

• Thank you, agents!
  You were an important partner in a successful 2016.
• AOI and OBA to merge 
  The new organization, yet to be named, becomes effective July 1. 
• New OSHA recordkeeping rules on drug testing 
  In May, Oregon OSHA will implement its version of the rules on anti-retaliation. 
• New Preferred Worker Program rule changes 
  Changes affecting reimbursement of wages and premium exemption went into effect January 1.
• Minimum hourly assumed wage change 
  Reflecting Oregon’s new tiered wage, NCCI changed the rate from fixed to variable.
• Calif. exclusion change affects other states coverage 
  As of January 1, some corporate officers must now execute a written waiver of their rights to benefits.
• Longshore/harbor workers case law summary
  Two recently resolved cases address subjectivity.

News in brief

Audit noncompliance charge endorsement | New and renewal policies effective January 1, 2017, and after will include an audit noncompliance charge (ANC) endorsement. It provides a formal approach when employers don’t allow a carrier to examine and audit its records. We expect—and hope—that audit noncompliance charges will be infrequent. They can be as high as two times estimated annual premium. 

2017 Workers’ Comp Seminar | SAIF’s annual Workers' Comp Seminar will be held May 3 at the Salem Convention Center.