Milford chronicle., 1919-08-22
ACCIDENT BOARD
TO SUPPORT SELF
INSURANCE CARRIERS OPERATING IN
DELAWARE WILL PAY BOARD GER
TAIN PER CENTAGE.
WON'T NEED APPROPRIATION
A PARTICULAR PROVISION OF THE LAW
THAT WILL MAKE THE BOARD
SELF-SUPPORTINC.

The members of the Industrial Ac
cident Board Of the State of Delaware
are now engaged in preparing to place
into effect the provisions of the new
insurance law, passed at the last ses-
sion of the legislature, and which will
make the Industrial Accident Board
of the State a self-supporting organi-
zation. and not necessitate future ap-
I preparations from the State for the
carrying out of the work of the body.
The Board viii be self-supporting
as a result of a certain percentage that
will be paid to the board by the in
surance carriers that operate in the
State, so that after the close of the
present year the Board will no longer
require aid from the State in carrying
out the provisions OF the Delaware
WOrkmen's Compensation Law of 1917
The law passed at the last session
of the legislature provides that every
insurance carrier insuring employers
who are or may be liable under the
Workmen's Compensation Law to pay
for compensation for personal injuries
to or death of their employees under
the provisions Of the Workmen's Com
pensation Law shall pay a tax upon
all workmen's compensation or en-
ployers liability premiums received at
the rate of four per cent of the amount
of such premiums.
Tax on Private Insurance, Too
Employers who insure their liabil-
ity through insurance companies are
not the only ones to pay the tax. For
corporations in the State that have
their own methods Of insuring their
employees, through cooperative meth
DDS Of their own, are also required to
pay the tax of four per cent.
It is the hope of the Industrial Acct |
dent Board that the funds obtained
from this source will not only permit |
the continuance OF the work as con- |
Quoted at present by the Board. but |
that it will be possible to establish a |
system of inspection for the Industrial /
plants Of the State.
According to the provisions Of the
aw regulating insurance carriers, all /
insurance carriers which insure en-
Dloyers against the liability for COM
Densation imposed by the Workmen's
Compensation Law, or against liability
It common law on account Of acci-
lental injuries to employees, shall file
With the Industrial Accident Board of
he State of Delaware its classifica-
ions of risks and normal premiums
'elating thereto. and all rules gov
rning the application of the same.
The Industrial Accident Board may
its approval from any such
classification, rule, normal premium
ate, or system of schedule or merit
ating, if in the judgment Of the Board
he applications are inadequate for the
isk to which it applies, or is unrea-
enable or discriminates between risks
T like degree Of hazard.
The particular provision Of the law
nat will make the Board self-support-
lB IS as I0II0Ws:
After the year 1919 the Industrial ,
ccident Board of the State Of Della
are shall not be authorized to incur
xpenses or Indebtedness in any cal !
ndar year in excess Of the mainten-
nee fund created by the premium tax
nd the tax against self-insurers and
le fines and fOrfeitures on hand or l
largeable to such fund for the same
eriod.