The law firm handling a $420 million state settlement over Ohio employers being overcharged for workers’ compensation premiums says millions of dollars weren’t claimed by the deadline.
The Bricker & Eckler law firm said 35,000 claims seeking $250 million were filed by the late October deadline. The total sought probably will increase as claims are tallied.
The settlement to be paid by the Ohio Bureau of Workers’ Compensation ends a class-action lawsuit that dragged on for years. A court found that Ohio’s state insurance fund for injured workers set up an illegal rating system that resulted in businesses being overcharged.
The BWC settled the case in July. Hundreds of employers were eligible to get at least $100,000. Lawyer Christopher Ernst says 40 percent of those eligible employers haven’t filed a claim.
Topics Workers' Compensation Ohio
Was this article valuable?
Here are more articles you may enjoy.
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme From This Issue
