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Disability Law

: Workers Comp Insider

News roundup: Letters of credit, nuclear workers, NY construction, collaborative whiteboard, and more

By Julie Ferguson

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Another side effect of the bad economy - Roberto Ceniceros of Business Insurance points to another side effect of the credit crunch - higher collateral costs for many self insureds, particularly those in financially challenged industries, who are scrambling to secure alternatives to their letters of Credit (LOC). "Typically, state regulators require employers to post bonds, letters of credit, securities...

Full post as published by Workers Comp Insider on February 09, 2009 (boomark / email).

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