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Moody's: Workers' comp insurers hit by high unemployment

from Reinsurance News

Moody's: Workers' comp insurers hit by high unemployment Reinsurance News A surge in unemployment rates due to the COVID-19 lockdown is set to weigh heavily on the profitability of workers’ compensation insurers in the US, according to analysts at Moody’s. The rating agency noted that the workers’ compensation sector is structurally tied to the economy and labour markets. READ MORE

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