Is the Rate Making Plan the Chief Trouble With Compensation Insurance? [Discussion]

To a life insurance actuary, Mr. Greene's suggestion that workmen's compensation carriers may take lessons from life insurance companies seems quite hopeful, possibly in part because it tickles his pride. The experiences of life insurance companies in recent years with permanent total disability and group insurance would seem, however, to require some modification of Mr. Greene's statement that the life companies are free from serious controversy as to scale of premium rates. While it may be only fair to disregard permanent total disability with the thought that Mr. Greene may not have had it in mind, it would seem that group insurance qualifies for careful consideration.