Client Profile
Industry: Construction
Specialty: Construction Company - Major Capital Projects​
Location: New York
Claim Information
Description: One of our Insured's employees was injured on the job when a strap on a skid holding planks of wood fell on his leg. The Insured filed a claim with their commercial workers compensation carrier and incurred costs conforming to their deductible. Through their Captive's Actual Net Loss Insurance Policy "Deductible Reimbursement (Workers Compensation)” coverage, they were able to receive reimbursement for their paid deductible.
Line of Coverage: Deductible Reimbursement (Workers Compensation)
This exposure was elected for coverage by the client under their Captive Policy. This resulted in a claim payment amount of approximately $70,000.