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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
The manufacturing and utility sectors saw the biggest increases in data comprises, increasing 217% compared with 2020.
COVID-19-related workers' comp claims had an average cost of $7,800 per claim.
Despite a higher rate of serious injuries and fatalities, overall incidents declined during 2020.
Data shows double-digital premium growth from each state stamping office.
The law classifies travel lines and puts regulations in place for 'travel retailers.'
The rankings are based on the number of complaints, ease of use and discounts offered.
Business interruption is ranked as the biggest risk by U.S. business leaders.
COVID presumptions could be joined by new vaccine-related workers' comp laws in several states.
During 2020, the sector's combined ratio improved year on year, moving from 109.3 in 2019 to 101.8.
Inflation and rising costs for labor and building materials are increasing the possibility for undervalued building replacement costs.