With increasingly regularity, insurance companies seem to be
pursuing policyholders to recover retrospective premiums under
old workers compensation programs. In some instances,
insurance companies have attempted to open long-closed policy years
and adjustment periods in an attempt to obtain payment from a
policyholder.
Policyholders facing such situations may find themselves looking
through their files to find the many documents that make up the
insurance program, and then to untangle the maze of dispute
resolution, payment, program, side and other agreements that
may govern the relationship between the policyholder and
insurance company.
While insurance company attempts to obtain premium retroactively
can seem daunting for policyholders, the process for determining
whether a request for payment is meritorious, when considered
step-by-step, is manageable and can lead to a favorable
outcome.
