Marsh: COVID-19 Impacts on Comp Better Than Expected, but Challenges Remain

The nation’s workers’ compensation systems are not experiencing the worst-case scenarios some stakeholders predicted at the start of the COVID-19 pandemic, though employers and injured workers aren’t out of the woods yet, according to a new study from a global insurance broker and risk adviser. The workers’ comp insurance market has remained competitive, as COVID-19 exposure claims have been balanced by declines in other categories of occupational injuries, Marsh announced in its recent study, “COVID-19’s Impact on Workers’ Compensation Market Is ...