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 complete report.
Topics Trends Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
AIG’s Turnaround Under Zaffino Sets Stage for New Leadership 
Artist Suing FIFA Over Destruction of Dallas Whale Mural 
Georgia Brokers and Agents Alarmed After Court Ruling Expands Liability for Them 
