The firm served as lead counsel in litigation alleging breach of a contract to provide three years of “guaranteed cost” workers compensation insurance coverage to our client, a large professional employer organization. At the end of the second year of the program, the insurance carrier argued that the growth of our client’s payroll justified “re-rating” the program at twice the premium cost. When our client refused to pay the increased premium, the carrier canceled coverage; and our client sued for breach of the three year contract. The jury’s award of more than $9,000,000 tied for the second largest verdict in a single plaintiff case tried during 2006 in North Carolina, according to North Carolina Lawyers Weekly, "Large Verdicts & Settlements" (January 29, 2007). On appeal, the fourth circuit affirmed the jury’s verdict and the trial court’s rulings in favor of our client, but reduced the amount of damages awarded.
Strategic Outsourcing, Inc. v. Continental Cas. Co., 414 F. Supp. 2d 545 (W.D.N.C. 2007), aff’d in part, 274 Fed. Appx. 228 (4th Cir. 2008).
