Missouri Senators Look At Changes To Insurance Firm

5 years 10 months 2 weeks ago Tuesday, March 06 2012 Mar 6, 2012 Tuesday, March 06, 2012 1:21:40 PM CST March 06, 2012 in News
By: Associated Press

JEFFERSON CITY, Mo. (AP) -- Missouri senators are looking at changing a state-created insurance company after an audit criticized the firm's operations and expenses.

A Senate committee began hearing testimony Tuesday on a trio of proposals for Missouri Employees Mutual Insurance Co.

One bill would require MEM to transfer $127 million to the state later this year as a step toward spinning off a new private company by 2013. Another bill would give MEM until 2014 to create a new private company but would not require it to pay the state. A third proposal would create a special Senate committee to study potential changes to the insurance firm.

Company CEO Jim Owen endorsed the study proposal. He says MEM has helped create a thriving, competitive marketplace for workers' compensation insurance in Missouri.

More News

Grid
List
COLUMBIA – An expert in infectious diseases said viruses like the common cold survive well on surfaces and inanimate objects,... More >>
1 hour ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 2:36:00 PM CST January 22, 2018 in News
COLUMBIA - Gun shop owners and gun buyers had no problem buying or selling a gun during the government shutdown.... More >>
2 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 1:35:00 PM CST January 22, 2018 in News
NEW MADRID (AP) — A southeast Missouri man has been sentenced to life in prison without parole for strangling his... More >>
3 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 12:57:00 PM CST January 22, 2018 in News
WASHINGTON D.C. (AP) — The Latest on the budget battle (all times local): 12:55 p.m. It looks... More >>
4 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 11:58:00 AM CST January 22, 2018 in News
COLUMBIA - Columbia Police responded to a reported armed robbery just after midnight Tuesday in the 1600 block of Kitty... More >>
6 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 9:55:00 AM CST January 22, 2018 in News
ST. LOUIS (AP) — A violent weekend in St. Louis has left two people dead and four others injured in... More >>
7 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 9:00:00 AM CST January 22, 2018 in News
OVERLAND PARK, Kan. (AP) — Authorities say an officer has shot and killed a suburban Kansas City teenager while responding... More >>
9 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 7:16:00 AM CST January 22, 2018 in News
KANSAS CITY (AP) — Authorities say a 9-year-old has been fatally shot in an exchange of gunfire in Kansas City.... More >>
9 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 7:00:00 AM CST January 22, 2018 in News
LAKE WALES, Fla. (CNN) -- Two improvised explosive devices detonated at a Florida mall on Sunday that has left police... More >>
10 hours ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 5:58:00 AM CST January 22, 2018 in News
JEFFERSON CITY - Gov. Eric Greitens will release his budget recommendations for 2019 at 4 p.m. Monday. A press... More >>
18 hours ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 10:24:00 PM CST January 21, 2018 in News
COLUMBIA - Some say, the summer body is made in the winter, and Clovers Natural Market is hoping a clean... More >>
20 hours ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 7:32:00 PM CST January 21, 2018 in News
BOONE COUNTY - A fire broke out Sunday afternoon on 3300 KMJ Road in northern Boone County of garage with... More >>
22 hours ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 6:05:00 PM CST January 21, 2018 in News
COLUMBIA - Winter weather didn't stop a group of yoga lovers from giving back to Mother Nature on Sunday in... More >>
22 hours ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 5:34:00 PM CST January 21, 2018 in News
COLUMBIA - The Worley Street Roundtable met to discuss concerns and new initiatives aimed at helping struggling Columbia Public Schools'... More >>
23 hours ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 5:25:00 PM CST January 21, 2018 in News
JEFFERSON CITY, Mo. (AP) — More than 200 people gathered at Missouri's Capitol this weekend to celebrate the first year... More >>
1 day ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 3:19:27 PM CST January 21, 2018 in News
COLUMBIA- A Columbia resident's Facebook status went viral after he posted a video of an Eagle Stop gas pump charging... More >>
1 day ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 12:53:00 PM CST January 21, 2018 in News
ST. LOUIS (AP) — The University of Missouri is using its Extension program to bring the faculty, research and students... More >>
1 day ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 12:01:00 PM CST January 21, 2018 in News
COLUMBIA - The city is hosting six Vision Zero town hall meetings, beginning on Monday night, to discuss Vision Zero... More >>
1 day ago Sunday, January 21 2018 Jan 21, 2018 Sunday, January 21, 2018 10:23:00 AM CST January 21, 2018 in News
Columbia, MO
Broken Clouds 41°
5pm 38°
6pm 37°
7pm 36°
8pm 35°

Select a station to view its upcoming schedule:

Coming Up Next

4:00p
Jeopardy!
4:30p
Jeopardy!
5:00p
KOMU 8 News @ 5
4:00p
The Goldbergs
4:30p
The Goldbergs
5:00p
American Dad!

Tonight's Schedule

7:00p
The Wall
8:00p
Better Late Than Never
9:00p
The Brave
7:00p
Supergirl
8:00p
Valor
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld