Workers’ compensation retaliation liability insurance is a type of insurance coverage designed to protect businesses from financial losses resulting from claims of retaliation by employees who have filed workers’ compensation claims. As an attorney, I highly recommend businesses to invest in this type of insurance coverage as it can provide protection against a range of potential risks and exposures that may arise from claims of retaliation.
There have been several cases where businesses have been sued for retaliation following an employee’s filing of a workers’ compensation claim, resulting in significant financial losses for the company. Here are five cases that demonstrate the importance of having workers’ compensation retaliation liability insurance:
- In a case involving a large retailer, the business was sued by an employee who claimed she was fired in retaliation for filing a workers’ compensation claim. The company was forced to pay a settlement of $1.75 million. The insurance company providing the workers’ compensation retaliation liability insurance policy helped to cover the cost of the settlement, mitigating the financial impact on the business. (Source: https://www.businessinsurance.com/article/20180613/NEWS08/912322032/Retailer-to-pay-$175-million-to-settle-workers-comp-retaliation-lawsuit)
- In another case involving a small business, an employee filed a workers’ compensation claim and was subsequently fired. The employee sued the business for retaliation, resulting in a settlement of $100,000. The insurance company providing the workers’ compensation retaliation liability insurance helped to cover the cost of the settlement, protecting the business from significant financial losses. (Source: https://www.law360.com/articles/916049/pennsylvania-co-to-pay-100k-to-settle-firing-suit)
- A manufacturing company was sued by an employee who claimed he was retaliated against for filing a workers’ compensation claim. The case went to trial, and the employee was awarded $350,000 in damages. The insurance company providing the workers’ compensation retaliation liability insurance policy helped to cover the cost of the damages, mitigating the financial impact on the business. (Source: https://www.businessinsurance.com/article/20180802/NEWS08/912323166/Manufacturers-group-employee-was-retaliated-against-for-work-injury)
- In a case involving a healthcare provider, an employee claimed she was retaliated against for filing a workers’ compensation claim and was awarded $250,000 in damages. The insurance company providing the workers’ compensation retaliation liability insurance policy helped to cover the cost of the damages, protecting the business from significant financial losses. (Source: https://www.law360.com/articles/1106039/tenn-hospital-to-pay-250k-to-settle-workers-comp-retaliation-suit)
- In another case involving a retailer, an employee was fired after filing a workers’ compensation claim. The employee sued the business for retaliation, resulting in a settlement of $150,000. The insurance company providing the workers’ compensation retaliation liability insurance helped to cover the cost of the settlement, protecting the business from significant financial losses. (Source: https://www.law360.com/articles/670850/retail-giant-settles-worker-retaliation-suit-for-150k)
In conclusion, workers’ compensation retaliation liability insurance is an important tool to manage risk and safeguard a business from unforeseen financial losses resulting from claims of retaliation by employees who have filed workers’ compensation claims. By investing in this type of insurance coverage, businesses can demonstrate their commitment to ethical business practices and protect themselves against the risks of claims of retaliation.