The West Virginia Workers’ Compensation Commission on Monday received more than $52 million in premiums, a new single-day record that exceeds the previous mark by nearly a half-million dollars.
Deposits by check or credit cards totaled $52,161,227.17 for the Workers’ Compensation Fund, the Employers’ Excess Liability Fund and the Coal Workers’ Pneumoconiosis Fund. The Commission administers all three funds.
“Employers are becoming more and more conscientious about getting their payments to us in a timely manner, and I think that’s reflected in today’s record deposit,” said Executive Director Gregory Burton. “We appreciate their renewed commitment to a healthy workers’ compensation system for West Virginia. We will continue to work closely with the state Treasurer’s Office to properly administer these funds.”
The funds collected on Monday reflect premiums due for the fourth quarter of fiscal 2004, which ended June 30.
The previous single-day record was recorded on May 3 -$51,687,102.62 or $474,125.09 less than Monday’s total.
Topics Workers' Compensation Virginia
Was this article valuable?
Here are more articles you may enjoy.
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025 
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
