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State-by-state influence of workers'' compensation.

Publication: Risk Management
Publication Date: 01-NOV-03
Format: Online - approximately 640 words
Delivery: Immediate Online Access
Full Article Title: State-by-state influence of workers'' compensation.(End Analysis)

Article Excerpt
Employers report that it is more troublesome to manage workers' compensation injuries in states where workers' compensation expenses are higher. Whether they take this into account when making business location decisions, however, is not clear. But in a time of economic stress, the huge variances among states cannot be ignored by corporations, insurers and politicians.

High average costs are concentrated in California, Delaware, Florida, New York, Texas and West Virginia. According to Bohemia, New York-based Actuarial and Technical Solutions, assuming that the same manufacturing workforce operates in California and Arizona, the workers' compensation premium bill...



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