Petition To Set Aside Compromise And Release In Virginia
Description
Form popularity
FAQ
Generally, the workers' compensation settlements range from $2,000 to $40,000, although some may settle for millions.
A petition to set aside an order approving compromise and release is, in effect, a petition to reopen. It requires a showing of good cause. It is not uncommon that one party alleges "mutual mistake," while the other party asserts the mistake was unilateral. This is ultimately decided by the trier of fact.
The most costly lost-time workers' compensation claims by part of body are for those involving the head or central nervous system.
Therefore, the average workers comp settlement payout in Virginia was $52,407.53. For the accident years 2019-2020, the National Council on Compensation Insurance (NCCI) reported the average total incurred costs per claim were $41,353 ($22,377 in medical expenses and $18,976 in indemnity benefits).
By mail: Complete the Claim for Benefits Form and mail it to: Virginia Workers' Compensation Commission, 333 E. Franklin St., Richmond, VA 23219. By fax: Complete the Claim for Benefits Form and fax it to: 804-823-6956. By Webfile: Use your JCN and PIN number to create a WebFile account.
A petition for approval of compromise of claim of minor or adult person with a disability is filed when parties have agreed to settle a claim of a minor or adult person with a disability. The law doesn't allow a minor or person with a disability to settle their own claim without an adult guardian.
