Rising medical costs are driving up workers’ compensation costs despite the success of safety programs in reducing the frequency and severity of construction accidents. “There are a number of competing factors affecting rates,” says Mary Ann Krautheim, client strategy officer for Aon Risk Services’ Construction Services Group, Boston. Incident rates are dropping because of increased safety measures, as well as a drop in the labor force due to the recession. Lost-time payments are declining, but the cost of claims is rising. “Medical inflation is countering the positive trends,” Krautheim says. “So it’s a push-pull relationship.” Related Links: Competition Intensifies as
The 2016 Summer Olympics boating and swimming events have put an international spotlight on what has been a long-running problem in Rio de Janeiro—untreated sewage and trash are clogging up major bays and waterways.