Season 1 · Episode 158
Ep. 158: Frequency vs. Severity | The Impact of Claims Big and Small
The WorkSAFE Podcast | Workplace Safety Strategies
July 1, 202526m 37s
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Show Notes
In the world of workers compensation, loss runs affect a business's risk evaluation. Underwriters look carefully at a company's claim history. This process gives them an understanding of how frequently claims are happening, how severe they are, and if a business is putting effort into reducing workplace risk. Learn the differing impact of claim frequency versus claim severity on a business' s risk evaluation with Becky Duello, Senior Underwriter at MEM.