Employers do not believe a recession would drive up workers' compensation claims, according to a new survey of financial executives.
Only 23 percent of respondents said a recession would cause an increase in their workers' compensation claims, compared to 62 percent who predicted there would be "no change," six percent who said claims would decrease, and nine percent who said they "don't know." Respondents answered similarly when asked how a recession would impact their general liability insurance claims.
These results were obtained from the 2008 Wausau Multiline Productivity Poll, which surveyed 255 financial executives.
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