The number of paid workers’ compensation claims fell 22 percent relative to the number of employees from 2000 to 2003, according to a newly released report from the Minnesota Department of Labor and Industry. However, the cost of the system rose 30 percent relative to payroll during the same three-year period.
The current Workers’ Compensation System Report estimates cost rose to $1.74 per $100 of payroll in 2003, from $1.34 in 2000.
Click here to read the .
Topics Trends Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
Capital Factory CEO Killed in Private-Jet Crash in Texas
Zurich Sees Data Center Boom Spurring Insurance Securitization
Space Startups Seek Insurance for Orbital AI Data Centers
Older, Wealthier Renters Drive Changes in Insurance Needs 

