Bailed-out insurer American International Group will pay $100 million in fines in a settlement with all 50 states over reporting errors for premiums on workers’ compensation insurance. Get the full story »
Inside these posts: Worker’s comp
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Worker’s comp insurers pinched by jobs’ weakness
The weak outlook for U.S. employment could hurt insurers that cover work-related injuries.
Persistently high unemployment translates to fewer workers to cover, which cuts into revenue. And “worker’s comp” providers face higher payouts because claiming workers are staying on benefits longer for lack of other jobs. Get the full story »
