In other conference news:

Insurance industry experts told A.M. BestTV at RIMS ‘16 in San Diego that workers’ comp is an emerging risk, alongside fast growing sectors like cyber coverage and issues like the insurance “talent crisis.” Regarding workers’ comp, Rick Ives, VP at Travelers, explains in the broadcast, “The growing risk would be the dramatic increase in chronic pain. We’ve seen instances of chronic pain grow from 10 percent not long ago to 50 percent of serious injury cases. When you think of the cost of chronic pain, when you think of the complications that exist – that is one [issue] that is clearly influencing the rising cost of medical, which is one of our customers’ number one concerns.”

Watch further coverage from BestTV here.

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