Road Construction Deaths, Injury Trend Down

March 19, 2025

 

Road Builder Injury, Death Rates Buck Construction Industry Increases

  • Recent analysis by the American Road and Transportation Builders Association (ARTBA) found that fatal injuries in the highway, street and bridge sector fell some 15% between 2011-2023, contrasting with the 41% increase in fatal injuries for the rest of the construction sector.
  • For non-fatal injuries and illnesses in the HSB sector, cases per 1,000 workers fell to 46%, the analysis showed.
  • The trade group said its analysis shows that the highway sector shows it is making “measured progress in reducing worker deaths and injuries.”
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Retailers Casualty Insurance Sets $2.5M Distribution

  • Retailers Casualty Insurance Company will make a $2,500,000 distribution payable for policies with initial effective dates in 2022.
  • Each distribution is in proportion to the qualifying policyholder premium and loss ratio, that is, the better the record, the higher the return, according to Monday’s announcement from the carrier.
  • The maximum amount of distribution paid to qualifying policyholders with zero losses will be 21.3% of their normal premium.
  • “Retailers Casualty Insurance Company provides exceptional workers’ comp coverage for our policyholders, and we are thrilled to reward those who are committed to keeping their employees safe,” states Frank Brame, chairman of the Retailers Casualty board of directors.
  • Retailers Casualty is managed by Summit Consulting LLC, offering coverage in Alabama, Arkansas, Louisiana, Mississippi, Oklahoma and Texas.
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AI WC Claims Processing Startup RateFast Shakes Up C-Suite

  • RateFast, a developer of an online tool designed for managing workers’ compensation claims and calculating impairment ratings, has announced several changes in its C-suite, including its chief executive office and chief information officer.
  • The Santa Rosa, California startup has named Joyce Reitman as CEO, Michael Bongiovanni as CIO, and Marsha Bluto as EVP of sales.
  • The insurtech firm offers a proprietary Functional Loss Rating (FLR) method for determining impairment ratings designed to streamline settlement negotiations, reduce litigation, and reimburse injured workers more quickly than using existing methodologies mandated by most state workers’ compensation boards, according to its statement.
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