This presentation, made to the American Society of Workers Compensation Professionals (AMCOMP) in Las Vegas, Nevada, examined the current political landscape and how it relates to workers compensation, making the following key points:
- Political leaders worldwide are contending with many powerful forces – right and left, elite and non-elite, nationalistic and inter nationalistic – that have created a disruptive political environment.
- At the crux are monetary and fiscal forces likely to drive interest rates higher, which can have important implications for long-tailed lines of business like workers compensation.
- Workers compensation insurance also finds itself caught in the crossfire between federal and state trends regarding the increasing acceptance of marijuana countrywide.
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