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Workers' Compensation & Other Insurance Funds in the US
IBISWorld, Feb 2012, Pages: 38
Insuring a rebound: Job growth in high-risk sectors drive the industry's recovery
Workers' Compensation & Other Insurance Funds in the US
Compensating for previous losses
The next five years will bring growth to workers' compensation and other insurance funds. With property and casualty insurance companies expected to raise their prices and avoid high-risk applicants, insurance funds will face increased demand. Job growth in high-risk industries like mining will support these favorable demand conditions, as will the greater consumption of healthcare services, which will result in heightened demand for malpractice insurance.
This industry is comprised of legal entities (i.e. funds) except pensions and health and welfare related employee benefit funds, organized to provide insurance exclusively for the sponsor, firm or its employees or members. Funds are generally established by state governments, industry associations, unions and large companies. Mutual insurance companies are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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