Overview of the U.S. workers compensation system

On September 21, 2017, James Lynch, Chief Actuary of the I.I.I., gave this presentation on the U.S. insurance market and workers compensation insurance to 20 representatives from China, representing work safety regulators, including China’s State Administration of Work Safety. It provides a history of workers compensation coverage in the U.S. as well as a broad description of how it operates. The goal was to inform the representatives how the U.S. system works as China seeks to create a proper set of checks and balances to enhance worker safety.