workers' compensation

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work·ers' compensation

(wûr′kərz)
n.
Payments required by law to be made to an employee who is injured or disabled in connection with work.
References in periodicals archive ?
This first large-scale academic study of employers' liability and workers' compensation is the result of a research project by the European Centre of Tort and Insurance Law in collaboration with the Institute for European Tort Law at the Austrian Academy of Sciences.
ZUG, Switzerland, May 1, 2013 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Allied World Europe now offers primary UK Employers' Liability coverage in conjunction with its general liability insurance.
Of the claims paid out, the force paid pounds 16,900 in employers' liability, pounds 2,482 in motor liability and pounds 73,511 in pubic liability.
Package provides coverage across five fundamental areas of insurance: public liability; professional indemnity; maritime employers' liability; employers' liability and personal accident Rapid market developments in the growing maritime security industry have led to increasingly divergent requirements that companies in the sector have of their insurance.
In a consultation paper released earlier this week, the Department of Work and Pensions set out plans to create an Employers' Liability Tracing Office plus an Employers' Liability Insurance Bureau to provide a fund of last resort for those who are unable to trace them.
But Petra Hellas hit the skids and Tracey didn't renew her Employers' Liability Insurance Policy.
Darren Smith, a Midland-based partner with Reed Smith - which re-launches as Hill Hofstetter in the new year - said: "Based on this decision a number of employers' liability insurers who have not provided policies for a considerable number of years, and others who are in liquidation, chose to decline cover in respect of asbestos claims where inhalation had taken place during the course of their period of insurance, and this was the subject of the latest hearing.
Thus it was the principle of voluntary assumption of risk which became the lynchpin of the common law of employers' liability, the fellow-servant rule being one application of it.
Richard Bonas, an account executive at BiB insurance brokers in Darlington, said: "By law, anyone employing seasonal workers, even if it's one person for just a morning's work, must have adequate employers' liability insurance.
HUNDREDS of sole traders across the West Midlands are employing seasonal and part-time staff with inadequate employers' liability cover, it is claimed.
What they get is an occurrence form that typically offers coverage for employers' liability, general or public liability, automobile liability and environmental liability.
Topics covered in the report include: - Employers' liability - The market continued to grow strongly in 2003 - Capacity is beginning to return to the market - Rates started to soften in 2004 - Employers' liability will grow at a significantly slower rate to 2009 - Professional indemnity - The professional indemnity market grew by over 15 per cent in 2003 - An influx of new capacity has put an end to hard market conditions

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