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Minnesota Insurers Argue Workers' Comp Doesn't Cover Medical Pot – Courthouse News Service


(AP Photo/Richard Vogel, File)
ST. PAUL, Minn. (CN) Two workers’ compensation insurers took on Minnesota’s medical marijuana program Monday at the state’s high court, arguing that continued federal prohibition of cannabis forbids them from paying for injured workers’ use of the drug for pain relief. 
The Minnesota Supreme Court heard oral arguments early Monday in the cases of Susan Musta and Daniel Bierbach, two Minnesotans who sought to use medical marijuana to treat pain and disability from work-related injuries. Attorneys for their respective employers’ workers-compensation providers argued that coverage of medical marijuana would put insurers at risk of aiding and abetting a federal crime.  ....

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P/C Insurers Returned $13B in Premiums Due to COVID-19 Reduced Exposures


P/C Insurers Returned $13B in Premiums Due to COVID-19 Reduced Exposures
April 21, 2021
U.S. property/casualty insurers returned nearly $13 billion in premiums to policyholders in 2020 to reflect reduced exposures from the COVID-19 pandemic.
Auto insurers returned premium in the greatest numbers, though general liability, workers’ compensation, event cancellation and inland marine sectors all reported returns of premium due to pandemic-related reductions in risk exposure, A.M. Best said in new analysis.
Much of the return totals came during the first six months of 2020, when the initial pandemic lockdowns led to reduce driving and overall commerce in the greatest volume, according to the report. ....

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Consultant: CT could see up to $900M in savings as retirement 'tsunami' approaches


By Mark Pazniokas, CT Mirror
A study of Connecticut’s state government in advance of an expected wave of retirements next year has identified as much as $900 million in potential savings in executive agencies with total budgets of $14 billion, while acknowledging the significant obstacles to making changes in one of the most heavily unionized public-sector workforces in the United States.
The report released Wednesday by the administration of Gov. Ned Lamont says 8,000 of the 30,000 executive-branch employees are eligible to retire by July 1, 2022, when retirement benefits will be reduced under the terms of a 2017 concession deal. A survey found about 70% of the eligible workers were leaning toward retiring. ....

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