Search
 

Tough Times Keeping The Heat On Risk Managers Tackling Comp Costs

It isn't easy being a risk manager in the middle of one of the worst economic downturns since The Great Depression, particularly if you are trying to control workers' compensation costs.

By Staff Writer | Updated on October 24, 2010

It isn’t easy being a risk manager in the middle of one of the worst economic downturns since The Great Depression, particularly if you are trying to control workers’ compensation costs.

With massive layoffs come smaller staffs doing more work, often handling jobs they are not accustomed to doing. Those fearful of being laid off might be tempted to either work through an injury or file a claim for a non-work-related ailment to assure medical care and an income should they lose their job.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.