Categories: Policy & Regulation, Workers' Compensation,
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Ohio BWC Enterprise Report May 2012

On May 24th, Chief of Fiscal and Planning for BWC, Tracy Valentino, reported that BWC’s net assets increased by $201 million in April resulting in net assets of $7.2 billion at April 30, 2012.

The total net assets have increased by $1.4 billion for fiscal year-to-date 2012 resulting in net assets of $7.2 billion at April 30, 2012 compared to $5.8 billion at April 30, 2011.

BWC is in the process of researching other workers’ compensation organizations to review their Funding Ratio and Net Leverage target guidelines to determine if changes need to be made to the BWC’s Net Asset Policy. There have been several options for consideration regarding BWC’s net assets, but no proposals to the Board of Directors have been submitted.

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