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PCI calls for S. Carolina comp system reform


COLUMBIA, S.C.--The Property Casualty Insurers Assn. of America has called for reforms to South Carolina's workers compensation system following the National Council on Compensation Insurance Inc.'s recommendation earlier this week for a 23.7% loss cost increase.

South Carolina's Department of Insurance last year approved an 18.4% loss cost increase after NCCI recommended raising rates by 33%.

The Des Plaines, Ill.-based PCI said in a statement Thursday that the need for continued rate increases are evidence that South Carolina lawmakers need to repeal the state's Second Injury Fund, reduce litigation, combat fraud and make benefit award amounts more consistent in the state.