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By Joan E. Collier, PropertyCasualty360.com, Joan E. Collier, PropertyCasualty360.com |
August 30, 2010
The ongoing recession has hit workers' comp carriers hard, causing nearly a quarter of the market's premiums to evaporate and cutting profitability by as much as half in the past two years, experts in the field reported here.
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By Joan E. Collier, PropertyCasualty360.com, Joan E. Collier, PropertyCasualty360.com |
August 19, 2010
"Profitability in workers' compensation is heading downhill rather rapidly," according to Robert P. Hartwig, Ph.D., CPCU, president and economist of the Insurance Information Institute.
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By Joan E. Collier, PropertyCasualty360.com, Joan E. Collier, PropertyCasualty360.com |
August 18, 2010
The ongoing recession has hit workers' compensation carriers hard, causing nearly a quarter of the market's premiums to evaporate and cutting profitability by as much as half in the past two years, experts in the field reported here.