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Getting Ahead Of The Workers Compensation Cycle

Year in and year out, states workers compensation systems are buffeted by a seemingly endless series of changes in a variety of factors. Among the most basic of these are changes in legislated benefits, loss cost inflation, accident frequency and claims severity. Add to this mix changes in approved rates, premium credits and policy dividends, and you have a scenario that should keep actuarial experts in the workers comp field employed for some time.

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