CompSource Oklahoma

Workers' Compensation
12:57 pm
Tue March 11, 2014

Oklahoma Court Upholds CompSource Mutualization

Credit Oklahoma Supreme Court 2013

The Oklahoma Supreme Court has upheld a plan to convert the state workers' compensation insurance agency into a mutual company.

The state's highest court handed down a decision Tuesday that affirms legislation adopted last year to convert CompSource Oklahoma into the CompSource Mutual Insurance Co. The new company would be organized under state law, but independent of the state. The change goes into effect on Jan. 1.

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