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Capacity Should Remain Tight, WC Buyers Warned

New York

Rising losses and shrinking capacity are sure to discourage risk managers looking for relief in workers’ compensation rates this coming year, experts at a recent meeting for insurance buyers here warned.

Besides the looming terrorism risk, rising loss costs promise to keep premiums up for at least another year, according to panelists at a meeting of the Risk and Insurance Management Society’s New York chapter.

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