Guaranty Association Can Get Reimbursement for Deductible

The North Carolina Court of Appeals ruled that the state Insurance Guaranty Association was entitled to reimbursement from an employer for amounts advanced toward the deductible in a now-defunct carrier’s policy. Case: North Carolina Insurance Guaranty Association v. Weathersfield Management LLC, No. COA19-300, 11/05/2019, published. Facts: Weathersfield Management LLC is a regional staffing company that filed for protection under Chapter 13 of the U.S. Bankruptcy Code.  The bankruptcy filing made it difficult for Weathersfield to obtain workers’ compensation insurance...