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The best articles from around the web and R&I, handpicked by R&I editors.
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Workers' Comp news and insights as well as columns and features from R&I.
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Update on new scenarios as well as upcoming Risk Scenarios Live! events.

R&I Editorial Team

The R&I Editorial Team may be reached at riskletters@lrp.com.

Infographic: The Risk List

6 Marine Services Risks

The marine services sector faces exposures both seen and unseen.
By: | August 27, 2014 • 1 min read
Topics: Uncategorized
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The Risk List is presented by:


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The R&I Editorial Team may be reached at riskletters@lrp.com.
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At a Glance

Employment Growth Fuels Total Workers’ Comp Spending

Topics: Workers' Comp

 

Workers’ Comp Benefits and Costs Per $100 of Covered Wages, 1980-2012

WC Benefits color2Nationwide workers’ compensation benefits paid per $100 of wages were lower from 2008 to 2012 than at any time over the past three decades, according to a new report from the National Academy of Social Insurance. The graphic above shows that employer costs, as measured per $100 of payroll, rose from $1.29 to $1.32 during 2012 while benefits paid dropped from $1.01 to $0.98.

Overall, total workers’ compensation benefits paid nationwide rose 1.3 percent to $61.9 billion in 2012, while employer costs rose 6.9 percent to $83.2 billion. The growth in overall spending reflects a recovering economy with employment and earnings up.

In 2012 workers’ comp covered nearly 128 million workers, up 1.6 from 2011. That was still less than the number of workers covered in 2008.

From 2008 to 2012 total benefits costs paid rose by 5.3%, according to the Academy’s report.

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Infographic: The Risk List

7 Emerging Technology Risks

Innovative technology presents unforeseen risk exposures. Presented by Travelers.
By: | August 26, 2014 • 1 min read
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The Risk List is presented by:


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The R&I Editorial Team may be reached at riskletters@lrp.com.
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