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COVID-19 to Have Lasting Impact on Workers’ Comp Premiums

from PropertyCasualty360

COVID-19 to Have Lasting Impact on Workers’ Comp Premiums PropertyCasualty360 When we’re asked how the COVID-19 outbreak may affect insurers, our answer is the classic consulting response — “It depends” — since the impact could differ widely depending on the line of business. Homeowners insurance, for example, may see premium growth flatten but could escape the pandemic relatively unscathed, given its solid base of insurable exposures. READ MORE

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