Michael B. Stack: At [the WCRI] conference, I attended a session presented by Bob Hartwig, Ph.D., Director of the Risk and Uncertainty Management Center and Clinical Associate Professor of Finance at the University of South Carolina. The presentation stepped back from day to day claims and focused on the bigger economic picture shaping workers’ compensation.

One of the most striking takeaways was how differently workers’ compensation has behaved compared to the rest of the property and casualty insurance industry. While other lines have been hit by catastrophic losses, litigation pressures, and inflation, workers’ comp has remained relatively stable.


Read his full review here.