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Expert Analysis

How To Negotiate Workers' Comp Collateral Agreements

Law360, New York (July 24, 2013, 11:44 AM EDT) -- When purchasing, or considering the purchase of, large deductible (LD) workers' compensation, auto and other policies, insurance companies often require the policyholder to post collateral to secure the risk. This collateral will often be governed by a separate "collateral agreement." Included below are a few important tips to consider when entering into, and negotiating the terms of, any such collateral agreement:...

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