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The workers compensation sector remains a relatively stable and profitable segment of the commercial insurance industry, but some claims are getting pricier and concerns over severity are rising. While a years-long focus on workplace safety and legislative changes has reined in workers comp costs, and the frequency of claims continues to decline, experts say a confluence of factors is driving…

Thirty-five percent of workplace injuries occur during a worker’s first year on the job, regardless of age or experience, according to a report released Monday by Travelers Cos. Inc. The Hartford, Connecticut-based insurer analyzed more than 1.5 million workers compensation claims over a five-year period (2015-2019). Some of the most common causes of injuries in the first year included overexertion,…

Prescriptions for opioid use disorder medications are on the rise in workers compensation, a trend worth watching, experts say, as most of the drugs being prescribed — buprenorphines — are still considered opioids in some cases. Enlyte Group LLC said in its most recent drug trends report that prescriptions for drugs to manage opioid use disorder saw a 7.4% increase…