Workers' Compensation and COVID: More Data on Evolving Claims
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 of COVID comp claims are short-duration, low-dollar claims, some insurers have paid out claims that w...
Source: insurancejournal.com