Summary: The current workers compensation and employers liability insurance policy is the cumulative result of the almost-a-century compromise between employers and employees in which injured employees relinquish the right to sue their employers for employment related injuries in return for a statutorily imposed mechanism providing specific scheduled benefits and funded for the most part by insurance. Each of the 50 states, the District of Columbia, American Samoa, Guam, Puerto Rico, and the Virgin Islands have workers compensation statutes (with five states — North Dakota, Ohio, Washington, West Virginia, and Wyoming — administering their own monopolistic systems). Workers compensation (WC) insurance has been, and most likely will continue to be, the most effective and simplest method available to an employer for compensation to employees and their families for work related injuries or diseases as prescribed by law. Employers liability coverage protects employers when suits are filed against them for employment related incidents that are not compensable under workers compensation coverage.