Companies Sue To Recover Funds From Worker’s Compensation Carriers
PR Newswire Association LLC |
INTRODUCTION
Thornton Law Firm announces it has filed several class action cases on behalf of companies who haveĀ been cheated by their own workers compensation insurers. The lawsuits arise from a deceptive practice Thornton Law Firm has been closely monitoring. All too often, after paying on a claim insurers recover money from another source, but then fail to adjust the workers compensation rates that determine the employer's premiums. This is not only against the laws and regulations insurers must follow, but it costs employers in America many millions of dollars every year. Although this practice affects all types of employers, it has a particularly strong impact on small to medium sized businesses.
BACKGROUND
Attorney
“We have found that insurers are very efficient when calculating premium increases after an accident, and equally inefficient when reporting recoveries which should roll back those increases. This creates unnecessary and unfair costs on employers, and often impairs their ability to pursue new business.”
CONTACT
Any business that has experienced workers compensation losses and is interested in lowering their workers compensation premiums can contact Thornton Law Firm. An investigation can be conducted, at no cost to the business, over the phone or via email. We are already pursuing litigation against insurers AIG and CNA. You can contact our
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SOURCE
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