The Loopholes and Rules to Workers’ Comp- Charlotte Attorney

Pursuant to North Carolina law, employers and businesses alike with three or more employees are required by law to buy insurance or certify with the North Carolina state regulators that they have enough assets to be considered ” self insured.”

However, According to the N&O, tens of thousands of North Carolina employers and businesses have continuously put their employees at risk by failing to by the sufficient workers’ compensation insurance policies.

According to the N.C. Rate Bureau’s database, 140,472 businesses reported being covered by workers’ comp. insurance policies. That leaves about 117 large companies who claim to be ” self-insured.” Moreover, the N.C. Department of Commerce stats that over 170,000 companies with 4 or more employees operate in the state, leaving quite a discrepancy in numbers.

To determine if one is an employee, or an independent contractor is largely  based on the control of the work manner. If the company controls the worker’s time, place, provides the tools and establishes the specific job, the worker is generally considered an employee and should be covered by worker’s comp.

Charlotte Workers’ Compensation Attorneys