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SB 817 - This act modifies the Missouri's workers' compensation residual market mechanism. Residual markets are traditionally the market of last resort (akin to the Missouri High Risk Pool) and Missouri's residual market was established in 1993. This act removes the language authorizing the establishment of a residual market mechanism and requires the Missouri Employers Mutual Insurance Company to operate as the insurer for any Missouri employer that is in good faith entitled to but who is unable to procure workers' compensation insurance through ordinary methods. STEPHEN WITTE
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