Today’s issue of WorkCompRecap features AmTrust’s release of its 2023 Retail Risk Report, which aims to identify common injuries for retail workers and the resulting lost time. AmTrust analyzed more than 42,000 workers’ comp claims from the company’s retail clients from 2017-2022.
Key findings from the report included that more workers’ compensation claims in the retail sector occurred in January compared to the busy holiday months of November and December, with the number of injuries claimed for every $100,000 of a retailer’s payroll 25% higher in January than the earlier holiday months. AmTrust noted however that younger seasonal workers may also be reluctant to engage with workers’ comp, which could artificially deflate injury statistics over the holidays. Other key findings included that strains accounted for 26% of claims reported and 29% of claims payouts among retail businesses. Falls were a close second, accounting for 19% of claims reported and 27% of claims payouts.