ORLANDO, Fla.–The depressed economy has good news and bad news for workers' compensation insurers, the chief executive officer of the National Council on Compensation Insurance said today at the group's annual seminar here.

The good word is there will be fewer and less costly injuries, but the bad news is there will be fewer premiums written, said Steve Klingel, NCCI president and CEO.

Mr. Klingel, basing his remarks on data from previous recessions, said insurers' premiums will be affected by smaller payrolls with less workers to insure. The greatest impact will be felt by insurers whose business comes from the more affected sectors of the economy.

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