Injury Costs Skyrocket, Study Finds Chicago
Risk managers are putting a dent in reducing workplace injuries, but the cost of injuries grew faster than inflation between 1998 and 2000, according to a survey by a provider of workers' compensation insurance.
While the frequency of disabling workplace injuries fell slightly more than 1 percent between 1998 and 2000, according to the Bureau of Labor Statistics, Liberty Mutual's annual “Workplace Safety Index” found that the total cost of disabling workplace injuries was up $42.5 billion.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.