Workers’ Comp Hammered By Recession, Experts Report - Commercial Insurance & Reinsurance

Workers’ Comp Hammered By Recession, Experts Report - Commercial Insurance & Reinsurance - Property.

http://www.property-casualty.com/News/2010/8/Pages/Workers-Comp-Ham...

The ongoing recession has hit workers’ compensation carriers hard, causing nearly a quarter of the market’s premiums to evaporate and cutting profitability by as much as half in the past two years, experts in the field reported here.