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This PowerPoint presentation by Robert Hartwig, president of the Insurance Information Institute, reports on the workers compensation market. The report, which notes that workers comp exposure and performance are intimately linked to the economy and labor market, focuses on regional differences and labor market trends. A section of the presentation highlights crisis-driven exposure drivers in workers comp, including trends in business bankruptcies and new business formation. Sources of growth in workers compensation are discussed and an industry and occupation growth analysis through 2018 is provided. The presentation looks at key issues facing workers comp insurers in the decade ahead, including investment outlook, regulation, torts, terrorism and healthcare reform. Workers compensation premium growth, underwriting performance and medical and indemnity claims cost trends are reviewed. The report concludes with a property/casualty insurance industry financial overview.
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Download WorkersComp-032510.ppt