While presenting a generally rosy forecast of underwriting profitability for the property-casualty industry, the president of the Insurance Information Institute said he has growing concerns about the workers' compensation line.
Speaking here at a meeting of the Casualty Actuaries of Greater New York, Robert P. Hartwig suggested that if recent occupational disease studies have merit, the trends they reveal could impact insurer results going forward.
"I am concerned about latent disease," he said, referring to cancers or lung disorders developing in workers many years after they complete their jobs.
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
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
