Hartford's "Losstimator" Released

When there is an accident in the workplace, the obvious costs include medical expenses and salary for injured employees, and repairing or replacing any damaged property. But it is the indirect costs that account for the majority of an accident's cost - as much as four to 10 times the direct expenses, according to Brian Hayes, executive technical consultant at The Hartford Financial Services Group (NYSE: HIG). To help businesses understand the total cost of a workplace accident -- including indirect expenses -- The Hartford has created a cost estimation tool called the Losstimator(TM). Haye...