THE BIGGEST CHALLENGES FACING WORKERS’ COMPENSATION IN CONSTRUCTION? HERE ARE THREE.

In 2023, the construction sector reported three times the number of workers’ compensation claims compared with any other industry. Thirty-nine percent of serious injury claims were filed by construction workers. For comparison, only 11% were filed within the mining sector.

Construction has always been a risk-filled industry. But what’s driving workers’ compensation claims today? Ken Bunn, Vice President of Claims at Builders Mutual, discusses three of the top trends impacting workers’ comp and what contractors and insurers are doing about it.

TREND #1: INCREASING MEDICAL UTILIZATION

TREND #2: COMORBIDITIES AND CHANGING DEMOGRAPHICS

TREND #3: EXPANDING EXPECTATIONS AROUND COVERAGE

Read the full article at Builders Mutual website. They are a great carrier-partner of ours for anything construction related.