Question: A risk manager self - insured a Workers Compensation Risk for one year. The following year, even though no losses occurred, the risk manager purchased

A risk manager self

-

insured a Workers Compensation Risk for one year. The following year, even though no losses occurred, the risk manager purchased Workers Compensation insurance to address the risk. What is the best explanation for the change in how the risk was handled, even though no losses had occurred?

Workers Compensation Is Experience Rated

Workers Compensation Claims Are likely to Increase

Market Prices of Workers Compensation Dropped

State Requirements Changed

A risk manager self-insured a Workers Compensation Risk for one year.

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