Controlling Workers' Compensation costs has been a concern for employers since the first state Workers' Compensation law was passed in Wisconsin in 1911.
Many factors affect the changes in those costs, however, including legislative and regulatory reform.
A new 18-state study released April 21 by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI) examines the factors driving Workers' Compensation costs by state, and measures the performance of the different state Workers' Compensation systems, how they compare with each other, and the way they have changed over time. The study is based on more than 7.6 million claims filed in the 18 states included in the study.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
