New Rules Increase Top OSHA Fines By 78%

Jul 26 - SL - New Rules Increase Top OSHA FinesThe U.S. Department of Labor recently published two interim final rules that will eventually lead to a major intensification in OSHA’s maximum penalty for workplace safety violations. This will be in effect on August 1, 2016.

The first rule will protect the majority of penalties evaluated by OSHA and several other federal agencies, while the second will center specifically on penalties associated with temporary guest worker programs.

The highest consequence for serious violations will increase from $7,000 to $12,471. The maximum penalty for deliberate or recurring negligence will also increase anywhere between $8,908 and $124,709.

Agencies must modify their penalties each year to imitate inflation and issue “catch up” rules to reimburse for the time since the previous correction.

For a complete list of each agency’s individual penalty adjustments, click here.

AssuredPartners NL’s Loss Prevention team is able to assist clients in auditing exposures, designing solutions, and education to mitigate financial penalty exposure. To learn more, visit AssuredPartners NL Loss Prevention.

Source: McKnight’s

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