The research firm Novarica looks at recent technology initiatives by workers' compensation insurers and highlights top issues for 2010-2011 in a report released Wednesday, the firm said in a press release.“New business growth is down due to increased business failures, and fewer new businesses being started. Rising unemployment is eroding payrolls and the workers comp’s exposure base,” said Karlyn Carnahan, a principal in Novarica’s insurance practice and lead author of the study. “Competitive pressures drive price declines which eat into premiums above and be...
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