Tough times ahead for workers' compensation: the forecast calls for rising workers' compensation costs. Here are the reasons why and the steps you can take to help minimize increases.

From: Occupational Hazards | Date: December 1, 2002| Author: | Copyright information

A workers' compensation marketplace that was already in a tailspin at this time last year continues to try to right itself in the aftermath of the events of September 11. Those catastrophic events have brought new complexities, raised new underwriting is. sues and generated huge losses for reinsurers. All this has been superimposed on a market grappling with years of adverse experience created by product underpricing. This article will take a look at market conditions and provide some suggestions that might help keep your premium increases to a minimum.

Factors behind the ...

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