Massachusetts W/Comp Costs Plunge 48% Over Last 4 Years

BOSTON -- Employers in Massachusetts are celebrating that their workers' comp costs have plummeted 48 percent over the last four years. The main reasons for the drop: Improved handling of claims disputes. Better return-to-work programs. And fewer on-the-job injuries.And while the business community may be delirious over the reduced costs, the workers' comp insurance community is hurting big time.According to the local authorities, the root of the problem can be traced back to the early 1990s