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Okla. Senate votes to privatize CompSource agency

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Source: Associated Press, March 12, 2013

The Oklahoma Senate has approved legislation to privatize the state’s nonprofit workers’ compensation agency. … CompSource was created by the Legislature in 1933 as an insurer of last resort. It has thousands of policyholders, including state, county and municipal government agencies, and it writes 35% of the workers’ compensation policies in the state.


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