worker's compensation laws

worker's compensation laws

A statutory arrangement granting employers protection from lawsuits by injured employees, in return for granting employees the right to recover specified amounts for injuries, even if due to the employee's own negligence. Most states require employers with a certain minimum number of employees to maintain worker's compensation insurance.Historically,the concept has been thought inapplicable to real estate agents,who were considered independent contractors rather than employees.Recently,though,cases in New Jersey and in Virginia have ruled that real estate agents were employees for purposes of the worker's compensation statutes in those states.