Gov. Mike DeWine on Friday credited improved workplace safety for reducing costs to the Bureau of Workers' Compensation and providing enough financial cushion to further reduce premium rates to private employers.
Public employers will pay nearly $8 million less in workers' compensation insurance premiums thanks to a rate cut that went into effect Jan. 1.
The state announced the award of $84 million in grants to support lead mitigation and prevention projects.
Drivers entering Ohio will soon be welcomed with new signs sporting the state's new slogan: Ohio, The Heart of it All.
The Bureau of Workers' Compensation's net position increased by $438 million in March, resulting in a total of $7.6 billion, according to its latest financial report.
Ohio's private employers will pay a projected $90 million less overall in workers' compensation premiums next fiscal year after action Friday by the Bureau of Workers Compensation.