Tim Stanger News Today

Workers’ Compensation and COVID: More Data on Evolving Claims Workers’ compensation insurers aren’t getting the large aggregate volumes of COVID-related claims projected during the early months of the pandemic, but different data sources give varying readouts on developments for individual U.S. states and classes of workers. In fact, while claim frequencies are down for workers’ compensation overall with business shutdowns bringing lower numbers of non-COVID claims, and while the bulk o...

Workers’ Compensation and COVID: More Data on Evolving Claims Workers’ compensation insurers aren’t getting the large aggregate volumes of COVID-related claims projected during the early months of the pandemic, but different data sources give varying readouts on developments for individual U.S. states and classes of workers. In fact, while claim frequencies are down for workers’ compensation overall with business shutdowns bringing lower numbers of non-COVID claims, and while the bulk o...

02/05/21 WorkersCompensation.com Chicago, IL (WorkersCompensation.com) - The workers compensation industry has collectively seen tens of thousands of claims for COVID-19 contracted in the workplace, and those numbers continue to grow. Despite what you may have heard, many of these claims have incurred costs over $1 million. Additionally, businesses are seeing claims in other coverage lines, including employers liability, general liability, employment practices liability and even directors and ...