How an Aging Workforce Is Reshaping the Workers Comp Market
As older workers stay in the workforce longer, a more complex risk profile is emerging—reshaping injury, increasing severity and forcing carriers to rethink underwriting and rating.
As older workers stay in the workforce longer, a more complex risk profile is emerging—reshaping injury, increasing severity and forcing carriers to rethink underwriting and rating.
Workers aged 60 and older represent the fastest-growing segment of the labor force, and their increasing presence continues to impact the workers compensation market.
While stable, the workers compensation market is facing underlying pricing pressures that are set to adversely impact the market nationwide.
The program offers guaranteed cost options, sophisticated risk management features, a broad underwriting appetite and employer liability limits.
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The new product is designed to simplify and accelerate the quoting and binding process for small business clients.
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