Abstract
Workmen's Compensation is a social service having for its immediate object the care and support of injured workmen during periods of disability due to industrial accident. A secondary, but even more important object, should be the prevention of accidents, and most insurance companies devote a considerable amount of time and money to that end. Under plans of experience rating, the care exercised by the employer in accident prevention is to some degree reflected in his rate, but the experience of employers which have cooperated whole-heartedly, with the engineering departments of the insurance companies indicate that there are still impressive possibilities in the field of accident prevention.
Volume
XXI
Page
44-49
Year
1934
Categories
Actuarial Applications and Methodologies
Ratemaking
Practice Areas
Risk Management
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society