ORLANDO, FLA.–Effects of a graying workforce on workers' compensation systems in the United States are ebbing, according to an economist with a data collection group.
“It does not look like a factor going forward. The impact of aging has tapered off,” Harry Shuford said during a briefing on national trends in workers' compensation market at the annual Workers' Compensation Educational Conference.
Mr. Shuford, practice leader and chief economist for NCCI Holdings Inc., spoke at a session titled “Are Baby Boomers A Bust For Workers' Compensation,” which included Ned Wilson, director of planning and treasury at FCCI Insurance Group.
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