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This updated PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, focuses on the strong link between workers compensation exposure and performance and the economy and labor market. The report analyzes regional differences in the effects of the recession and recovery, offers a labor market overview and outlook and looks at payroll/employment exposure trends. A further section discusses the workers compensation operating environment, highlighting premium and rate trends, profitability, underwriting performance, medical and indemnity claim cost trends, residual market and state fund market share and performance, and investment market impacts. A property/casualty insurance industry overview is also provided. The presentation concludes with a review of the global financial crisis and recession.
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Download WorkersComp-072911.pdf