Business Services Industry
STAKEHOLDERS' COMPETING CONCERNS AT HEART OF DEBATE.
Business Insurance, April, 1999 by FLETCHER, MEG
ORLANDO, Fla. -- The U.S. workers compensation system is facing several thorny public policy issues, say regulatory and insurance experts. However, opinions differ as to what these problems are, as well as how they should be solved, because of the historical tension among the stakeholders -- the employer or its insurer, the worker, and sometimes the regulator.
These stakeholders' differing perspectives were aired during the recent annual issues symposium hosted earlier this month by the Boca Raton, Fla.-based National Council on Compensation Insurance, a rate filing and data collection agency. For example, a workers comp rate filing organization such as the NCCI is concerned about increased competition among companies seeking to be designated as multiple...
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