Dept. of Labor Unveils Overhaul of Workers’ Compensation Trust Fund Policies at Employer Webinar

The V.I. Department of Labor has announced significant updates to its Workers’ Compensation Administration following a successful webinar held on December 4. The event, aimed at employers and stakeholders, detailed structural changes and policy updates under the Workers’ Compensation Trust Fund, which transitioned from the Government Insurance Trust Fund earlier this year, according to the release. Focus on Legislative Updates and Operational Changes DOL Commissioner Gary Molloy opened the session by addressing the transfer of operations under Act 8859, signed into law on August 9, 2024. Assistant Commissioner and Legal Counsel Nesha Christian-Hendrickson provided insights into the legislative framework guiding the changes. Director Rainia Thomas, along with Assistant Directors Kesi Peterson and Anthony Selkridge, outlined modifications in the administration of workers’ compensation claims and underwriting processes. The Workers’ Compensation Administration is now divided into two c...