ORLANDO, FLA.--The recession is not all bad news for workers' compensation insurers, because fewer workers are likely to be injured, an economics expert explained here.

Some of the impact from the downturn is "sort of a silver lining," explained Harry Shuford, chief economist for the National Council on Compensation Insurance. "Injury rate frequency tends to fall at a faster pace during recessions."

Mr. Shuford was interviewed before he delivered a briefing today on "Workers' Compensation and the Business Cycle--An Overview" at the Regulatory Forum, a session for state regulators in advance of tomorrow's NCCI Annual Issues Symposium here.

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