Oregon Finance, Insurance Industry Had Second-Lowest Claims Rate
Oregon’s Department of Business and Consumer Services has reported that in 2009, there were 1.2 accepted disabling claims for every 100 employees, which was the same rate in 2008. However, the state noted that some industries, such as transportation and warehousing (3.4), utilities (2.5), and construction (2.1), had claims rates that were considerably higher than the statewide average.
In its 2009 report, “Accepted disabling claims and workers’ compensation covered employment by industry (NAICS), Oregon 2005-2009,” DCBS also noted management of companies (.1) had the lowest disabling claims rate, followed next by the finance and insurance rate (.2).
DCBS tracks the number of accepted disabling claims, workers’ compensation covered employment, and claims rates per 100 workers for each major industry over a five year period. To view the full report, visit http://www.cbs.state.or.us/imd/rasums/2939/09web/09_2939.html.