A trend is emerging that may put increased pressure on workers' compensation rates.
Over the past two decades, the workers' comp frequency trend has, with a few minor exceptions, been negative, which has helped to offset positive severity trends. But during the recent recession, the frequency of workers' comp claims began to rise. This trend was observed across all industry groups, with classes in the construction industry being particularly hard hit.
Liberty Mutual noted a rise of more than 5 percent in 2010 from 2009, and the National Council on Compensation Insurance reported an adjusted 3 percent increase during the same period.
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