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I Take It All Back on NC Industrial Commission

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NC Industrial Commission Gives Extensions To Deadbeat Employers

Badge of NC Industrial Commission Workers Comp costs
ic.nc.gov

The NC Industrial Commission caused me to take back my kudos.   We have been in the business of cutting Workers Comp costs for employers and governmental organizations since 1996. However, we have not and will not aid any employers in illegal practices with their Workers Compensation, especially in not providing coverage to their injured workers.

Last month and earlier this week, I posted on the upcoming North Carolina Industrial Commission’s hearings on employers that did not have Workers Comp Insurance in effect when employees were injured on the job. For some reason, I had thought the Industrial Commission was dropping the hammer.

Today, I read an article from the Charlotte Observer that indicated the employers were given extensions to pay their fines and claims. I am not sure whether to be appalled or just plain surprised at these decisions. If the employers were not going to pay their fines at the hearings, they will likely not pay any claims or fines in the future.

If the Industrial Commission is not going to enforce the rules, what type of effect will it have on other employers in the state? If Company A is getting away with not paying Workers Comp insurance, Company B will never be motivated to pay their premiums.

Man Holding Pile Of Cash NC Industrial Commission And Question Mark
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I then read in the same article where State Congressman Doug Berger introduced a bill that would move the jurisdiction of Workers Comp fraud from the Industrial Commission to the Department of Insurance.

Congressman Berger is the Congressman from my district. I do not necessarily agree with him in some areas. This would be a prudent move in my opinion as you can see from my last article on this situation that there is a very large amount of premium $ that NC is not providing to the Workers Comp system.

The enforcement would likely stabilize the NC Workers Comp even if it would have to add the employers that previously had no coverage to the Risk Pool.

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James Moore

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Mgmt Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications

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