Workers' Compensation Insurance

. Ed(s): Durbin, David; Borba, Philip S.

ISBN 10: 0792391705 / ISBN 13: 9780792391708

Published by Kluwer Academic Publishers, 1992

About this Item

Addressing benefit system policy matters, this work also includes papers which concern workers' compensation insurance pricing. It explains the flow of capital to the property-casualty insurers over the underwriting cycle; the determinants of self insurance; models for pricing insurance products; and predicting insurer insolvencies. Editor(s): Durbin, David; Borba, Philip S. Series: Huebner International Series on Risk, Insurance and Economic Security. Num Pages: 350 pages, 5 black & white illustrations, biography. BIC Classification: KC; KFFN. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 229 x 152 x 22. Weight in Grams: 713. . 1992. Hardback. . . . .

Seller Inventory # V9780792391708

Bibliographic Details

• Title: Workers' Compensation Insurance
• Publisher: Kluwer Academic Publishers
• Publication Date: 1992
• Language: English
• ISBN 10: 0792391705
• ISBN 13: 9780792391708
• Binding: Hardcover
• Condition: New

About this title

Synopsis

The articles in this volume were first presented at the Seventh and Eighth Conferences on Economic Issues in Workers' Compensation sponsored by the National Council on Compensation Insurance. A principal objective of the Conference series has been for workers' compensation insurance researchers to apply state-of-the-art research methodologies to policy questions of interest to the workers' compensation insurance community. This community is a rather diverse group--it includes employers, insurers, injured workers, regulators, and legislators, as well as those who service or represent these groups (e.g., physicians, rehabilitation specialists, labor unions). Despite this diversity and the variety of agendas, the Conference series continues to address many important policy questions. Readers familiar with the Conference series and the four previously published volumes should notice an evolution in terms of the topics addressed in this volume. In the earlier conferences, the topics were more often concerned with the underlying causes of the tremendous increase in workers' compensation benefit payments. In the present volume, h- ever, only four of the fourteen chapters directly concern workers' c- pensation insurance benefits, while the other ten concern the pricing of workers compensation insurance. This is not to suggest that workers' compensation cost increases have abated. In 1989, workers' compensation incurred losses exceeded $45 billion to continue the annual double-digit cost increases. Two explanations can be offered for the somewhat altered focus of this volume. First, despite the continued increase in prices, the financial results for the workers' compensation insurance line continue to be poor.