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Noncontributors of Assessments Cannot Claim COLA Payment Reimbursement

By WorkCompCentral

Tuesday, September 15, 2015 | 0

A now-defunct comp carrier was not entitled to reimbursement from the Workers' Compensation Trust Fund for the cost-of-living payments it paid to injured workers covered by its policies once it began winding down its operations and stopped collecting COLA assessments from its insureds. Case: The Home Insurance Co. v. Workers' Compensation Trust Fund, No. 14-P-1356, 09/03/2015, published. Facts: Persons receiving workers' compensation benefits in Massachusetts are entitled to receive annual cost-of-living increases to account for inflation. Carriers normally raise the money for C...

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