Posts Tagged ‘business regulations’

In an effort to keep you informed of LARA’s (Michigan Department of Licensing and Regulatory Affairs) efforts to support business growth and job creation, while safeguarding Michigan’s citizens through a simple, fair, efficient and transparent regulatory structure, we are pleased to share the following news with you.

The Workers’ Compensation Agency (WCA) has announced the pure premium advisory rate for workers’ compensation insurance will drop by an average of 6.5 percent in 2015 and will decrease 6.3 percent annually from 2011-15. The pure premium rate will plummet 27.7 percent since 2011, saving Michigan employers an estimated $277 million. The most recent comparison data shows that Michigan’s cumulative pure premium decrease of 22.7 percent from 2011-14 is best in the Midwest and second best in the nation. While Michigan’s rate plummeted, the national average went up 10.8 percent.

Please see the below information and watch the video to learn more about how the WCA is focused on protecting injured workers and containing costs for employers. Michigan’s Workers’ Compensation System is a strategic asset to the state and provides a competitive edge in attracting and retaining businesses and growing jobs.

Michigan Workers' Comp Rate Decrease

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On October 31, 2012, EPA announced that it will review three regulatory actions pursuant to section 610 of the RFA.

The three actions are:

  • Heavy-Duty Engine and Vehicle Standards and Highway Diesel Fuel Sulfur Control Requirements;
  • NESHAP: Reinforced Plastic Composites Production; and
  • NPDES Permit Regulation and Effluent Limitations Guidelines Standards for Concentrated Animal Feeding Operations (CAFOs).

EPA is soliciting comments on: the continued need for the rules; the complexity of the rules; the extent to which the rules overlap, duplicate, or conflict with other federal, state, or local government rules; and the degree to which the technology, economic conditions or other factors have changed in areas affected by the rules.

Comment submission deadline is December 31, 2012.
•  Notice from the Federal Register
•  Advocacy contact: Sarah Bresolin at 202-205-6790
•  Regulations.gov, the Federal government’s one stop site to comment on Federal regulations

For more information on Regulatory Alerts please see the Office of Advocacy webpage http://www.sba.gov/advocacy/815