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Getting Old Beats The Alternative

If you think dealing with older insureds will be tough for auto insurers as reflexes, sight and hearing fail elderly drivers, imagine what challenges await ...

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If you think dealing with older insureds will be tough for auto insurers as reflexes, sight and hearing fail elderly drivers, imagine what challenges await workers’ compensation carriers as the Baby Boom generation goes bust! The only consolation for underwriters might be that they are not alone. Unlike with coverage for individual drivers, insurers get to share the responsibility for limiting the hazards facing our exploding senior population with risk managers.

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