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Member, Beacon International Group, Ltd.
The Labor Department's Pension and Welfare Benefits Administration proposed last week raising to $1,100 from $1,000 the maximum daily penalty for violations of the Employee Retirement Income Security Act. The proposed increase is permissable under a 1996 law that allows federal agencies to periodically raise penalties in line with cost-of-living increases. . . .Ohio Gov. George V. Voinovich is expected to sign a tough workers compensation reform bill that the Legislature approved last week. The bill, among other provisions, would adopt the American Medical Assn. impairment guides for some permanent injuries. . . .The insurance industry would be barred from contributing to insurance commissioner campaigns in California under legislation passed last week by the Senate Elections Committee. S.B. 1097 now goes to the Senate Appropriations Committee. California Insurance Commissioner Chuck Quackenbush, who has been widely criticized for accepting industry contributions, has not taken a position on the bill.