Workers' compensation insurance : claim costs, prices, and regulation /

The first four papers in this volume address benefit system policy matters, and the last ten papers address the pricing, regulation, and potential insolvency of workers' compensation insurance. Within each general area, the papers are arranged in such a way that the first papers address broad i...

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Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: Durbin, David L., Borba, Philip S.
Format: eBook
Language:English
Published: Boston : Kluwer Academic, [1993]
Series:Huebner international series on risk, insurance, and economic security.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:The first four papers in this volume address benefit system policy matters, and the last ten papers address the pricing, regulation, and potential insolvency of workers' compensation insurance. Within each general area, the papers are arranged in such a way that the first papers address broad issues of workers' compensation benefits and prices; the later papers address issues which are more specific in nature. The first four papers address: the determinants of the level of workers' compensation benefit level; the determinants of the shape and location of a loss distribution; and the factors that affect the propensity of temporary total disabilities to become permanent disabilities. The ten papers which concern workers' compensation insurance pricing address: explaining the flow of capital to the property-casualty insurers over the underwriting cycle; the determinants of self insurance; models for pricing insurance products; predicting insurer insolvencies; explaining differences in loss experience across firms in the same industry; the incentives of an experience rating program on small employers; the effectiveness of loss control activities on insurance prices, and the effect that third-party actions brought by injured workers against product manufacturers might have on workplace safety.
Item Description:Papers first presented at the 7th and 8th Conferences on Economic Issues in Workers' Compensation, sponsored by the National Council on Compensation Insurance.
Electronic resource.
Physical Description:1 online resource (xviii, 350 pages) : illustrations.
Bibliography:Includes bibliographical references and index.
ISBN:0585325308
9780585325309