DeWine Calls on Bureau of Workers’ Compensation to Send $1.5 Billion in Dividend Payments

Ohio Gov. Mike DeWine wants the board of directors for the Bureau of Workers’ Compensation (BWC) to approve sending up to $1.5 billion in dividend payments to employers across the state.

If approved, it would be the second dividend of $1 billion or more since April, DeWine said during a Thursday press conference. The $1.5 billion totals the premiums paid during the 2019 policy year, and officials say the payout is possible because of several factors, including a lower number of claims and strong returns on investment.

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