Missouri auditor to review state-created insurer

Friday, August 12, 2011 | 10:47 a.m. CDT

ST. LOUIS — A company that helps small businesses get workers' compensation insurance has agreed to a review by the state auditor.

Missouri Employers Mutual Insurance Co. is a quasi-public company that was created by the state in 1993 to help small businesses.

The St. Louis Post Dispatch reported Friday that the company agreed to the review after the auditor's office threatened to file a public records lawsuit.

The Post-Dispatch previously has raised questions about the insurance company's spending for salaries, bonuses and retreats.

It will be the first time the state auditor's office has reviewed the insurance company's records.