"Workers Compensation Market Swings" published in Journal of Workers Compensation
Making Sense of Workers Compensation Market Swings
by J. Bruce Cochrane – President, Renaissance Group
Reprinted by permission from The Journal of Workers Compensation, Spring 2005
Practically every business has cycles, and the workers compensation market is no exception to this rule. Unfortunately, aside from those who make their livings in this market, very few “users” are in a position to identify the workers compensation cycles, to adjust to them, or, more importantly, to take advantage of the opportunities they afford.
Often, the changes in the cycle are so subtle that even the trained observer is unprepared. One thing is certain: The workers compensation market cycle does exist, and significant opportunities await those who can react to and take advantage of its changes. [ continue reading - PDF ]