Almost $500 Billion in Workers' Comp Loss

Actuaries: Federal Backstop for Terror Risk the Only Solution

By: Bess Shapiro

What will befall the workers' comp market in the event of a major terror event? The American Academy of Actuaries has spoken. What are they saying about California workers' comp? What kind of a hit will the market take in San Francisco or Los Angeles and what needs to be done about it?

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