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Missouri Dept. of Labor Mails Tort Victims Checks Worth $470,000

July 10th, 2007 by mopns · No Comments

We’d love to read a Show Me Institute opinion on this program.

The Missouri Department of Labor and Industrial Relations’ mailed checks worth $470,000.02 this week to compensate victims through the Tort Victims’ Compensation Program.

“This program assists people who have been injured due to the negligence or recklessness of another person and who have been unable to obtain full compensation because the party at fault had no insurance, filed for bankruptcy, and other reasons specified in law,” said Rod Chapel, director of the Missouri Department of Labor and Industrial Relations. “The fund is a payor of last resort and can assist Missourians during a financial hardship.”

The Tort Victims’ Program received 37 claims during the 2005 annual claims period. Of these claims, 27 were granted benefits from the Fund. The value of the individual claims ranged from $25,000 to $300,000 and the aggregated total was $5,411,768.73. Read more…

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