When it comes to cases against Applied Underwriters, RPNA’s Nick Roxborough is the go-to expert for commentary. Workers’ Comp Executive reached out to Nick regarding the most recent lawsuit against Berkshire Hathaway’s subsidiary filed in New York. The plaintiff is seeking a $6 million bond and at least $18 million in trebled damages.
According to a September 28 article, what makes this suit of particular interest is that it challenges the way Applied structures, sells, and operates its SolutionOne workers’ comp and payroll program. The plaintiff maintains that Applied Underwriters uses an unfiled and unapproved Reinsurance Participation Agreement (RPA) to siphon off money that should be reserved to pay claims, according to the article.Details