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Company News


Recent headlines

75 percent of injuries reported online — May 23, 2013

SFM received more than 22,800 First Reports of Injury in 2012. More than 75 percent were submitted online through SFM's website.

Prompt injury reporting allows state deadlines to be met — May 9, 2013

Employers' prompt reporting of work injuries to SFM is part of the reason for SFM's continued top ranking in the Minnesota Department of Labor and Industry's annual Prompt First Action Report. Responsiveness by SFM claims representatives is the other major part.

Policyholder meeting set; please return proxy ballots — April 26, 2013

SFM's annual policyholder meeting is scheduled for 9 a.m., Monday, June 10, at SFM's Bloomington, Minn., headquarters. Policyholders unable to attend in person are encouraged to contribute to the business of their mutual company by returning their proxy ballots by June 7.

SFM 2012 subrogation recoveries exceed $1 million — April 11, 2013

SFM finished 2012 with $1.1 million in subrogation recoveries for the year. In 63 percent of claims with recovery potential, SFM was able to recover 100 percent of the workers' compensation payments made.

Charges against employers: Discrimination charges up 31 percent from pre-recession levels — March 28, 2013

The good news in the wake of the federal EEOC report on 2012 discrimination charges against employers is that discrimination charges appear to have leveled off over the past three years. The bad news is that they are running 31 percent higher than before the recession.

Medical treatment parameter bill to get hearing Nebraska Legislature — March 20, 2013

A bill to establish treatment parameters in Nebraska is scheduled for a legislative hearing in the Business and Labor Committee in March.

Scholarships to be awarded; fundraiser set — March 14, 2013

Scholarships for the upcoming school year are scheduled to be awarded soon after the March 31 application deadline. Already in its first four years, the Foundation has awarded higher education scholarships to 44 students and committed $284,000.

SFM CEO elected chair of Minnesota Safety Council — February 28, 2013

SFM President and CEO Bob Lund was recently elected to a two-year term as chair of the Minnesota Safety Council Board of Directors.

SFM Foundation releases updated website — February 7, 2013

An updated version of the SFM Foundation website launched earlier this week. The new site features a new design, and reflects the many lives the Foundation has touched through personal photos, quotes and biographies of scholarship recipients.

Illegal immigrant entitled to benefits, court rules — January 31, 2013

An immigrant worker who falsified paperwork to get a job and is living in the United States illegally is nonetheless entitled to workers' compensation, a Delaware superior court ruled.

2012 was a year of giving for SFM — January 24, 2013

2012 was a phenomenal year for giving back to the community at SFM. SFM's nearly 200 employees raised more than $25,000 in monetary donations for local charities, logged 250 volunteer hours, and donated many items to those in need, according to company officials.

Final flu shot reminder — January 17, 2013

Flu seasons typically peak in January or February and can continue as late as May. It's not too late to remind employees to get vaccinated.

Minnesota raises caps on executive officer earnings — January 17, 2013

The Minnesota Department of Commerce has approved significant increases in the minimum and maximum earnings limits for workers' compensation benefits for executive officers

SFM recognizes the best of the best internally — January 3, 2013

The recent winner of SFM's Richard J. Marshik Service Excellence Award explains his customer service philosophy.

Employer's liability rates to fall in 2013 — December 27, 2012

Employer's liability rates fall significantly beginning Jan. 1. The decreases are part of the recent filings by the National Council on Compensation Insurance and state rating bureaus and approved by state insurance commissioners.

E-mod split-point change goes into effect beginning Jan. 1 — December 27, 2012

A significant change in how employers' claims costs impact the calculation of their e-mods begins Jan. 1 in Minnesota and Iowa, Feb. 1 in Nebraska, July 1 in South Dakota and Oct. 1 in Wisconsin. The 2013 change is the first in a series of three annual increases scheduled.

Prevent the next slip-and-fracture — December 20, 2012

Last winter, a single day's snowfall resulted in a slew of workers' compensation claims. Many were fractures and concussions, which typically are the biggest portion of winter's most severe injuries. Here are some simple ways you can help try to avoid them.

Ladies' Night Out raises $5,000 for Foundation scholarships — December 6, 2012

In its first year, Ladies' Night Out–Shopping for Scholarships brought in more than $5,000 for the SFM Foundation. The Nov. 8 event at Prestwick Golf Club in Woodbury, Minn., attracted about 135 attendees for an evening of food, drinks and shopping.

Ice grippers footwear results in fewer slips, falls for school district — November 14, 2012

A new program requiring Eau Claire Area School District employees to wear traction footwear has resulted in significantly fewer slip-and-fall incidents, according to district officials. The district plans to expand the program this winter.

Brochure SFM sends to injured employees updated — November 14, 2012

The brochure SFM sends to injured workers titled "You were injured at work...Now what?" has been revised to emphasize return-to-work and the employee's role in the recovery process.

Walgreens returns to SFM's pharmacy network — October 18, 2012

Injured workers covered by SFM for workers' compensation benefits will again see the nation's largest drugstore chain listed among network pharmacies.

New Minnesota law requires verification when hiring building subcontractors — October 4, 2012

Minnesota building construction contractors who are subcontracting work are required by new state regulations to verify that their subcontractors are registered or licensed under the state Department of Labor and Industry's new registration program.

 

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