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Huebner International Series on Risk, Insurance and Economic Security

Workers’ Compensation Insurance: Claim Costs, Prices, and Regulation

Editors: Durbin, David, Borba, Philip S. (Eds.)

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About this book

The articles in this volume were first presented at the Seventh and Eighth Conferences on Economic Issues in Workers' Compensation sponsored by the National Council on Compensation Insurance. A principal objective of the Conference series has been for workers' compensation insurance researchers to apply state-of-the-art research methodologies to policy questions of interest to the workers' compensation insurance community. This community is a rather diverse group--it includes employers, insurers, injured workers, regulators, and legislators, as well as those who service or represent these groups (e.g., physicians, rehabilitation specialists, labor unions). Despite this diversity and the variety of agendas, the Conference series continues to address many important policy questions. Readers familiar with the Conference series and the four previously published volumes should notice an evolution in terms of the topics addressed in this volume. In the earlier conferences, the topics were more often concerned with the underlying causes of the tremendous increase in workers' compensation benefit payments. In the present volume, h- ever, only four of the fourteen chapters directly concern workers' c- pensation insurance benefits, while the other ten concern the pricing of workers compensation insurance. This is not to suggest that workers' compensation cost increases have abated. In 1989, workers' compensation incurred losses exceeded $45 billion to continue the annual double-digit cost increases. Two explanations can be offered for the somewhat altered focus of this volume. First, despite the continued increase in prices, the financial results for the workers' compensation insurance line continue to be poor.

Table of contents (14 chapters)

Table of contents (14 chapters)
  • The Determination of Workers’ Compensation Benefit Levels

    Pages 1-24

    Danzon, Patricia M.

  • Workers’ Compensation Costs and Heterogeneous Claims

    Pages 25-50

    Butler, Richard J. (et al.)

  • The Transition from Temporary Total to Permanent Partial Disability: A Longitudinal Analysis

    Pages 51-67

    Worrall, John D. (et al.)

  • The Transition from Temporary to Permanent Disability: Evidence from New York State

    Pages 69-97

    Thomason, Terry

  • Capital Flows and Underwriting Cycles in Liability Insurance

    Pages 99-127

    Cummins, J. David (et al.)

Buy this book

eBook $139.00
price for USA in USD
  • ISBN 978-0-585-32530-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $259.00
price for USA in USD
Softcover $179.99
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
Workers’ Compensation Insurance: Claim Costs, Prices, and Regulation
Editors
  • David Durbin
  • Philip S. Borba
Series Title
Huebner International Series on Risk, Insurance and Economic Security
Series Volume
16
Copyright
1993
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-0-585-32530-9
DOI
10.1007/b102446
Hardcover ISBN
978-0-7923-9170-8
Softcover ISBN
978-94-017-4124-8
Series ISSN
0924-5014
Edition Number
1
Number of Pages
XIX, 350
Number of Illustrations
5 b/w illustrations
Topics

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