Experts: Underwriting excess workers' comp coverage poses a challenge

08/11/2013 | Business Insurance (tiered subscription model)

Excess workers' compensation insurance is offered as a standalone product by few underwriters, and it covers catastrophic claims that could be open for decades, making such coverage a challenge to underwrite, according to industry experts. Self-insured employers look to buy excess workers' comp insurance from carriers that are expected to be in the business for many years, experts say.

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