Illinois House Speaker Mike Madigan’s spokesman, Steve Brown, has repeatedly implied that Illinois insurance companies are hoarding cost savings. However, this couldn't be happening unless insurance companies were colluding in violation of the principle of antitrust laws, and there's no evidence they are. Illinois trial lawyers have echoed Brown's sentiments, but they don't seem to see evidence of antitrust violations either given that they haven't brought lawsuits against insurance companies for violating federal antitrust law.

Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. Political and business leaders often view workers’ compensation as a costly regulation that affects private-sector investment and employment in Illinois.[1] This description is accurate yet incomplete. The same heavy costs imposed on private-sector employers[2] are also imposed on...