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Historical background that generated this line of insurance

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Explain the basis behind workers compensation. What was the historical background that generated this line of insurance? How does workers compensation work in terms of coverage, rating and premium generation? Define the aspect of compensability and 'contract' between the employer and employee. What are the specific coverage components and what types of injuries does workers compensation cover? How does employers' liability respond?

Reference no: EM131674448

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Historical background that generated this line of insurance : Explain the basis behind workers compensation. What was the historical background that generated this line of insurance?
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