ORLANDO, FLA.–Regulatory reform improvements to workers' compensation systems in several states have led to savings for businesses and decreased the loss of lives, an insurance industry expert said at a conference here.

However, Robert P. Hartwig, president of the Insurance Information Institute in New York, also cautioned that workers' comp costs eventually will rise, requiring disciplined underwriting and cost management.

"It's easy to feel good about workers' comp today," said Mr. Hartwig, during his keynote address here at the Workers' Compensation Educational Conference, launching the National Trends Program put together for the meeting by National Underwriter.

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