Letter of Credit Appeal for Religious Institution

Our attorneys appealed an Ohio BWC requirement that our client provide a $7.3 million letter of credit (LOC) as a condition of self-insured status renewal. Through financial and legal reasoning, we convinced the BWC's Self-Insured Review Panel both that its assessment of the institution as "high-risk" and its understanding of our client's infrastructure were inaccurate. When properly understood, the Panel determined that no LOC was required.