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AE21

The Economics of Workers' Compensation - TX

The Economics of Workers' Compensation - TX

This course provides adjusters and claims professionals with a deeper understanding of the underwriting process, one of the most critical functions outside of claims handling, and its impact on workers' compensation insurers, employer premiums, profitability, and loss. It explores the interdependencies between claims handling, evaluation, and reserving, helping professionals grasp how reserving affects rating, risk analysis, acceptance, and pricing of insurance. By the end of the course, students will have a clearer understanding of how each step in the evaluation and reserving process influences the financial outcomes for insurers and their customers.

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