Tight Labor Market Leading to Increased Claim Frequency, Carrier Says

The long-term trend of decreasing claim frequency in workers’ compensation may be taking a new course, as The Hartford on Friday reported an increased frequency among its small commercial and middle-market accounts. The Hartford President Doug Elliot attributed the increase in frequency to the tight labor market, noting that the unemployment rate has been below 4% for the last six months. “Many businesses are struggling to find qualified employees and beginning to add more new workers to their payroll, generally increasing the risk of workplace injury versus what it woul...