Great Recession News

U.S. Business Starts Enjoyed Their Best Year Ever Amid Covid-19

The surge of U.S. business formations in the back half of 2020 has been one of the pandemic’s many surprises. After cratering by 30% in the weeks following the March lockdowns, paperwork filed by prospective businesses started growing in June …

Friss: Fraud Investigations Rising Even as Claims Volumes Drop

Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once. Fraud-prevention advocates have long been warning about the coming increase in fraudulent claims. Data from Friss, a …

Analysis: Recession, Fear of Job Loss, and Return to Work

With the COVID-19 virus causing economic disruption, The Workers’ Compensation Research Institute would like to share the findings from a study we published in 2010 that sheds light on how a typical recession affects the return to work of injured …

The Great Recession’s Effect on Workers’ Comp Claims Frequency: NCCI

A new study from the National Council on Compensation Insurance (NCCI) provides NCCI’s latest frequency change estimate for Accident Year 2012 and examines the effect of the recession on frequency changes by various claim and employer characteristics. The Great Recession …