Workers' Compensation insurers are benefitting from thecontinued growth in private-sector hiring and payroll over the pastfew years, but there is concern about a few dark clouds of economicuncertainty looming on the horizon.

Many attendees at the recent Workers' Compensation EducationalConference in Orlando were of two minds when it came to theprospects for growth in premiums and profits in 2013, both in termsof the P&C insurance market in general and the Workers' Compmarket in particular.

I found general agreement that while the economic recoveryappears to be losing steam, millions have returned to work sincethe financial crisis at the end of 2008 decimated the job market.That means many more insurable exposures for comp carriers, as wellas more premiums written.

Continue Reading for Free

Register and gain access to:

  • 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

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.