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In this discussion, Carol Ungaretti, Managing Consultant at Aon, highlights insights from Aon’s July advisory bulletin on California workers’ compensation. While claim frequency is projected to see a modest decline overall—with increases in Los Angeles offset by decreases in Silicon Valley—the real cost drivers lie elsewhere. Expense severity is rising due to heavy litigation tied to continuous trauma (CT) claims, a trend that accelerated during COVID and now often accompanies orthopedic injury filings. To watch the full webinar hosted by Insurance Journal’s Vice President of Content Andrea Wells, visit https://www.insurancejournal.com/research/research/improving-workers-comp-outcomes-for-employers-employees-and-the-industry/
The post California Workers’ Comp Trends: Frequency Down, Litigation and Wage Inflation Drive Costs appeared first on Insurance Journal TV.
By Insurance Journal3.2
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In this discussion, Carol Ungaretti, Managing Consultant at Aon, highlights insights from Aon’s July advisory bulletin on California workers’ compensation. While claim frequency is projected to see a modest decline overall—with increases in Los Angeles offset by decreases in Silicon Valley—the real cost drivers lie elsewhere. Expense severity is rising due to heavy litigation tied to continuous trauma (CT) claims, a trend that accelerated during COVID and now often accompanies orthopedic injury filings. To watch the full webinar hosted by Insurance Journal’s Vice President of Content Andrea Wells, visit https://www.insurancejournal.com/research/research/improving-workers-comp-outcomes-for-employers-employees-and-the-industry/
The post California Workers’ Comp Trends: Frequency Down, Litigation and Wage Inflation Drive Costs appeared first on Insurance Journal TV.

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