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Workers' Compensation Blog
Salary Continuation in NC Workers' Comp
Certain North Carolina State employees, including law enforcement officers and teachers, may be eligible for salary continuation benefits while on workers' comp. While workers' compensation pays only 2/3's of the salary the injured employee was making prior to the injury, salary continuation replaces 100% of the pre-injury wage. In general, law enforcement officers subject to the...
S&P Blasts Workers' Comp Insurance Companies
Standard & Poors recently noted an improving trend for workers' comp insurers but predicted more unprofitable years noting "this industry has a dismal track record of underwriting results as illustrated by only three years of underwriting profits over the past two decades (1991-2010)." The report noted that most workers'...
Workplace Deaths Increase Slightly in North Carolina
Fifty-three North Carolina workers were killed on the job last year, three more than in 2010. The construction industry suffered the most casualties with 16. Many of the deaths were attributed to automobile accidents, being struck by equipment or debris, and falls. Wake county suffered the most deaths with six, followed by Mecklenburg with five. Four deaths were...
7 day waiting period for NC workers' comp.
Unfortunately, injured workers' do not receive compensation for lost wages for the first seven days they are out of work after a workers' comp injury, unless they remain disabled for at least 21 days. The days do not have to be consecutive and if a worker is out of work for only part of a day that day is still counted. By law, after seven days the employer or their workers'...
AIG $450 Million Workers’ Compensation Settlement Approved
Many might remember the case against American International Group or AIG, for underreporting its workers’ compensation premiums back in 2006. The purpose of the underreporting was to minimize the amount of money AIG had to pay in to state funds that covered bankrupt workers’ comp insurers. North Carolina has such a workers’ comp fund called the NC Guaranty Fund, which is administered by the...
