Thursday, October 13, 2011

Moody’s: Workers’ Comp Claim-Frequency Increase Adds to Profitability Challenges

October 4, 2011

By Phil Gusman, PropertyCasualty360.com
NU Online News Service, Oct. 4, 12:46 p.m. EDT

Reports from the National Council on Compensation Insurance showing that workers’ comp claim frequency in 2010 increased for the first time since 1997 is credit-negative for property and casualty insurers, says Moody’s, but it’s too early to know if the increase is a cyclical tendency or reversal of the long-term trend.  read more..

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