Industry Analysis & Industry Trends
In contrast to the property and casualty (P&C) market, which is relatively steady, the Great Recession decimated demand for other insurance products, such as title insurance and workers' compensation coverage. Demand for workers' compensation fluctuates with economic cycles because the need for coverage falls as unemployment rises.... purchase to read more
What is the Workers Compensation Insurance industry?
This industry underwrites (i.e. assuming the risk and assigning premiums) workers' compensation insurance, which protects businesses from liabilities related to injuries at the workplace... purchase to read more