Many states have attempted in recent years to fix the glaring flaws of their workers’ compensation systems. Texas implemented perhaps the most successful of these reforms; its success relative to the rest of the country can largely be ascribed to the fact that it is the only state with a thriving private sector work-injury benefit option to state-mandated workers’ compensation programs.
Uproar Over Texas Divesting from BlackRock Shows ESG Activists’ Disdain for the Rule of Law
On March 19, Texas State Board of Education (SBOE) Chairman Aaron Kinsey issued a statement that the Texas Permanent School Fund (PSF), one of the largest and oldest education endowments in the country with over $53 billion in assets, was moving $8.5 billion from BlackRock to other asset managers. Chairman Kinsey noted in the statement...