From the April 2011 issue of Treasury & Risk magazine

Renewed Hiring Likely to Mean More Workers Comp Claims

With the economy on the mend, U.S. companies are going back to business as usual--and to risks as usual. As companies resume hiring, one risk they should keep in mind is a possible uptick in workers compensation claims.

Over the last few years, workers comp claims have declined, falling 4% in 2009 and 3.4% in 2008, according to NCCI Holdings, an organization that tracks workers comp data. NCCI says that falloff reflects not only the decline in employment but also the fact that those still employed tended to be more experienced and less likely to be injured on the job.

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