Claim of Scheib v. Milton Herman Management
Claimant, injured in the course of employment, received monetary awards. The employer's carrier, Cosmopolitan Mutual Insurance Company, became insolvent, leading to the State Superintendent of Insurance being appointed as liquidator. When the Superintendent defaulted on weekly payments, a penalty was imposed. The Workers’ Compensation Board affirmed this penalty, stating that carrier insolvency does not exempt liquidators from penalties. The court affirmed this decision, holding that the Superintendent assumes the same rights and duties as the insolvent carrier and is thus liable for late payment penalties from the Mutual Workers’ Compensation Security Fund.