North Carolina Supreme Court ruling may reduce workers’ comp premiums on some temp workers (Insurance Journal)

Categories
Uncategorized

A North Carolina Supreme Court ruling last week could have lasting impact and lead to larger benefit payments, especially for temp workers, Insurance Journal reported. Workers’ compensation insurers in the state had been able to enjoy a windfall in some cases that involved temporary workers and gig workers by charging premiums based on the worker’s projected annual pay but paying benefits based on a fraction of that rate of pay. The Feb. 11 decision in Luon Nay vs. Cornerstone Staffing and Starnet Insurance Co. affirmed an appeals court decision and overturns a ruling by the state’s Industrial Commission.