Collateral Survey Confirms Increased Cost, Credit Difficulties in 2009 ~ WorkCompEdge Blog

Tuesday, March 30, 2010

Collateral Survey Confirms Increased Cost, Credit Difficulties in 2009

by Michelle Bradley, SIGMA Actuarial Consulting Group

The results of our collateral survey conducted in the last quarter of 2009 are now in. As you may recall, we invited insurance brokers, risk management consultants, and risk management staff of self-funded concerns to participate in this survey.

The goal of the survey was to assess, on a national basis, trends in workers compensation collateral negotiations, exposures, reviews, arbitration, litigation, and other factors that SIGMA actuaries have been seeing with our own clients since the financial crisis of 2009. Prior to the survey, we reported on these trends in our blog article “A 2009 Collateral Perspective.”



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