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US WORKPLACE DEATHS DROP 3.7% IN 2023: DEPARTMENT OF LABOR

Despite overall workplace fatalities declining in 2023, transportation incidents
remain the leading cause of job-related deaths, according to new data from the
Labor Department's Bureau of Labor Statistics.
By: R&I Editorial Team | January 6, 2025
Topics: News | Safety | Workers' Comp



The United States saw 5,283 fatal work injuries in 2023, marking a 3.7% decrease
from the previous year’s 5,486 fatalities, according to the Census of Fatal
Occupational Injuries report released this past December by the Labor
Department’s Bureau of Labor Statistics.

The landscape of workplace safety is further reflected in the fatal work injury
rate, which dropped to 3.5 per 100,000 full-time equivalent (FTE) workers in
2023, according to the BLS report.



“Every worker’s death is a profound tragedy that leaves a lasting void for
families, friends, co-workers, and communities. We can and we must do better,”
Doug Parker, assistant secretary of labor for occupational safety and health,
said in a statement.

“[The] report from the Bureau of Labor Statistics is more positive news for
worker safety and health,” Parker added. “In November, the bureau reported a
20-year low in the rate of non-fatal worker injuries and illnesses in 2023, and
we are further encouraged by the news that the number and rate of fatal worker
injuries also dropped in 2023.”

Despite an overall decline, transportation-related incidents continued to be the
primary cause of workplace fatalities for Black and Hispanic workers, the report
found. These accidents accounted for 36.8% of all occupational fatalities,
totaling 1,942 incidents in 2023.

Black or African American workers experienced a significant 10.2% decrease in
fatal injuries, with the count dropping to 659 in 2023 from 734 in 2022. The
fatal injury rate for this group also improved, declining to 3.6 cases from 4.2
per 100,000 FTE workers.



Hispanic or Latino workers saw a slight improvement in their fatal injury rate,
which decreased to 4.4 from 4.6 cases per 100,000 FTE workers.

Workers in the 55-64 age bracket continued to face the highest number of
fatalities, with 1,089 incidents recorded in 2023, according to the report. This
figure represents 20.6% of total fatalities in 2023. For these workers,
transportation incidents were the leading cause of fatalities, accounting for
401 cases, followed closely by falls, slips, and trips, which resulted in 226
fatalities.

While the data signifies worker fatality trends are moving in the right
direction, there are still significant areas of concern to address, particularly
when it comes to impacted demographic groups.

“More than 5,200 deaths on the job is still way too many,” said Jessica
Martinez, executive director of the National Council for Occupational Safety and
Health (National COSH). “We are also deeply concerned that Black and Brown
workers continue to suffer from a higher rate of occupational fatalities, a sign
of the persistent effects of discrimination in our workplaces.”


INDUSTRY-SPECIFIC CHALLENGES AND RISKS

Certain industries facing more significant safety challenges than others, with
recent data revealing concerning trends in fatalities across various sectors,
according to BLS.

With 1,075 fatalities recorded, construction claimed the title of the industry
with the highest number of work-related deaths. Falls, slips, and trips emerged
as the primary culprits, accounting for a staggering 39.2% of all construction
fatalities in 2023, the report found.

The transportation and warehousing sector, while showing some improvement, still
grapples with significant safety concerns. As the industry with the
second-highest number of fatalities, it recorded 930 deaths in 2023. However,
this figure represents an 11.7% decrease from the previous year, BLS stated.

When examining occupational roles, transportation and material moving
occupations stand out as particularly hazardous. These roles accounted for the
highest number of fatalities across all occupational categories, with 1,495
deaths recorded, BLS reported. However, this represents a 7.7% decline from the
previous year, driven largely by an 11.9% decrease in fatal injuries among heavy
and tractor-trailer truck drivers.


EMERGING ISSUES AND AREAS OF CONCERN

As workplace safety continues to evolve, several critical issues have emerged
that demand attention from employers and policymakers alike.

 * Violent acts in the workplace: The specter of violence looms large in
   American workplaces, with a staggering 740 fatalities attributed to violent
   acts in 2023. Homicides accounted for 61.9% of these violent incidents,
   representing 8.7% of all work-related fatalities, the report stated.
 * Drug-related fatalities: The ongoing opioid crisis continues to cast a shadow
   over workplace safety. In 2023, opioids were identified as the primary cause
   of 162 workplace fatalities.
 * Gender disparities in workplace fatalities: In 2023, women represented 8.5%
   of all workplace fatalities. When examining workplace homicides specifically,
   women accounted for 18.3% of these incidents, more than double their overall
   fatality rate, BLS found. This disparity suggests that women may be
   disproportionately targeted in violent workplace encounters.

Access the full report here. &


The R&I Editorial Team can be reached at mediacontact@theinstitutes.org.





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SPONSORED: LIBERTY MUTUAL INSURANCE



PRINCIPLES OF CORPORATE RESILIENCE

How an accelerating risk environment is raising the stakes for risk managers —
and how carriers are responding.
By: Liberty Mutual Insurance | December 4, 2024

The nature of risk is evolving. It has become more volatile, interconnected, and
intense, as reflected in the heightened frequency and severity of losses
experienced by businesses and their insurance carrier partners.  

2023 was the warmest year on record. Cybercrime is escalating at the same time
that generative A.I. has begun transforming our economy. All this amidst two
kinetic wars, persistent economic inflation, and rising legal system abuse.  

“We’re all facing a future that is more uncertain than we have previously
faced,” said Wesley Hyatt, Chief Client Officer, Global Risk Solutions, Liberty
Mutual. “What I continuously learn from our clients is that they are equally
focused on protecting their businesses today, and building partnerships,
programs and a risk-taking culture that will endure,”. 

Geopolitical, economic, and legal systems are being challenged at a rate most
risk professionals haven’t seen in their lifetimes, all while we’re experiencing
the impacts of climate change. 

Against this backdrop, the role of today’s risk managers has shifted
significantly, and it has prompted a reimagining of the way insurance carriers
provide value to clients and brokers, according to Hyatt and Elizabeth Geary,
President, Insurance Solutions, Global Risk Solutions, Liberty Mutual. 

“Today’s risk environment demands resilience. That means anticipating,
responding to, and adapting amidst rapid change,” explained Geary. “The concept
of building resilience is central to the way we’re supporting clients and
brokers, but it’s also foundational to how we think about evolving our own
solutions and how we deliver them,” she added.


THE CHANGING ROLE OF TODAY’S RISK MANAGERS

Wesley Hyatt, Chief Client Officer, Global Risk Solutions, Liberty Mutual

When considering today’s accelerating risk environment, organizations’ senior
business leaders are looking to risk managers to take a more proactive role in
shaping a resilient strategy. In this way, the practice of risk management today
differs from what it has been in the past, according to Geary and Hyatt, making
the role of risk managers: 

More visible. The increased cost of insurance is being reflected in premiums and
losses. As a result, business leaders want to know the contingency plans,
projected costs, and impact on an organization’s long-term goals. 

More strategic. Risk managers increasingly have a seat at the table as part of
the strategic decision-making process. Their insight into the breadth of
challenges a business could face, beyond traditional risk assessment and
mitigation, is critical in assessing the viability and sustainability of any
initiative. 

More urgent. As risks evolve, the pace at which risk managers need to work has
increased, partly due to the globalized nature of business and the speed of
communication. The impact of shifts in trade policy or geopolitical factors
demand a swift response from companies with global operations or supply chains,
which comprise a vast share of contemporary businesses. 

More complex. Evolving and emerging risks, along with rising costs, have
prompted businesses to transform how they structure their risk management
programs. This includes making trade-offs in risk retention, implementing
complex tower structures, and placing a greater emphasis on business continuity,
cybersecurity, quality assurance, and safety programs. 

More tech driven. As the field of risk management continues to evolve,
technology has become a critical tool for risk managers wanting to better
understand, quantify, and monitor risk. However, as organizations expand their
use of technology, cyber risks rise in tandem, further emphasizing the
tech-savviness required of risk managers today. 


INSURERS AS A SOURCE OF SUPPORT

Elizabeth Geary, President, Insurance Solutions, Global Risk Solutions, Liberty
Mutual

While the role of the risk manager has changed, so has the role of the insurer —
or at least it should, according to Hyatt and Geary.    

“The feedback loop that allows us to make continuous improvements or adjustments
to products and services has become more sensitive to the changing needs of risk
managers and reflective of emerging risks. As a carrier, we need to move at a
much faster pace, providing that perspective to clients and collaborating more
closely than we have in the past,” explains Geary. 

Echoing that sentiment, Hyatt added that “to do this effectively, we must
closely understand our clients and their businesses. This means showing up and
listening to their priorities and learning their tolerance for risk and the role
it plays in meeting their goals.” 

Together, Hyatt and Geary are prioritizing three components of what they’re
calling “Corporate Resilience” to help risk managers navigate the complexities
of the market: information, innovation, and collaboration. 

Knowledge is power. According to Hyatt and Geary, building resilience begins
with understanding the risks a business may be facing. They believe Liberty
Mutual plays a foundational role in helping clients stay abreast of changing
risk trends and unlocking the power of advanced data analytics to mutually
benefit their businesses.  

“Today’s risk managers aren’t just looking for products, services, and risk
transfer, they’re looking for expertise and problem-solving. They’re seeking
support in thinking through their value chain to identify risks, see around
corners, and prepare,” said Hyatt. 

“Clients benefit from our ability to understand their businesses at a granular
level while also bringing the context of what we’re seeing from a high-level,
external perspective across similar companies, in addition to the macro trends,
globally,” she added. 

Product innovation — a two-way street. At Liberty Mutual, client-centricity
remains at the heart of its innovation strategy by cocreating solutions with its
clients.  

“As partners, we have a responsibility to move along with the risk and respond
in a way that helps our clients and brokers, whether that’s creating new
solutions or changing our existing products and services,” says Geary. Her
team’s priorities in the Global Office of Underwriting include cyber, climate,
energy transition, and alternative risk solutions, among others, all with a
focus on offering fit-for-purpose solutions, stable capacity, and taking a
long-term view. 

“It’s not an ‘if we build it, they will come philosophy,’ and it doesn’t happen
overnight,” explained Hyatt. Rather, she describes meaningful product innovation
as the result of close and enduring partnership and deep understanding on both
sides. 

“It’s mutually beneficial,” said Hyatt, “and our mutual structure is a strength
because it allows us to take a long-term view and affords us flexibility,” she
added. “We provide the expertise and security clients need to innovate and grow
their businesses.  Our mutuality also means we succeed when our clients
succeed.” 

Partnerships that Extend Beyond RiskTransfer. With the demands on risk managers
not relenting anytime soon, clients are increasingly seeking more support. 

“As the way we help clients manage risk changes, our business has become less
transactional. Our clients are not just transferring risk, they’re building a
partnership,” explained Geary. 

While industry-leading risk control capabilities, best-in-class service and
superior claims handling have always differentiated Liberty Mutual, Hyatt sees
clients increasingly seeking the benefits of a robust support network of other
risk professionals.  

In her role as Chief Client Officer, she’s deliberately incorporating
community-building elements into Liberty’s programs to leverage some of those
opportunities. The firm’s Corporate Resilience thought leadership series, for
example, brings the risk management community together for expert panel
discussions to help clients network and learn from each other. Hyatt is also
helping support the firm’s public affairs initiatives, which assist clients in
understanding legal system abuse and the pivotal role they play in collectively
pushing for tort reform.  

“Forums like these complement our client engagement strategy, which also
includes local and national events, as well as relationship leads who help our
largest clients access the expansive, global capabilities of Liberty Mutual that
may bring value to the strategic relationship,” Hyatt explained. 

These dialogues and the philosophy of continuous improvement through the power
of collaboration are increasingly helping the firm drive preference with
clients.


BETTER TOGETHER

In reflecting on her focus on building Corporate Resilience, Hyatt shared, “it’s
important to keep in mind that we’re all in this together. One of the mantra’s
of our leader, Neeti Bhalla Johnson, is ‘our clients’ future is our future’ and
we very much believe that.” Geary and Hyatt’s hope is that their commitment to
Corporate Resilience pioneers new ways to ensure that the future is bright for
Liberty’s clients. 

“We’re taking the current unrelenting pace and intensity of today’s industry
challenges and using them as triggers for how we can home in on building success
for our clients amid uncertainty and providing them with greater security,” says
Geary. “All this ties directly to our mission of helping clients embrace today
and confidently pursue tomorrow.” 

To learn more, visit: lmi.co/corporateresilience  






This article was produced by the R&I Brand Studio, a unit of the advertising
department of Risk & Insurance, in collaboration with Liberty Mutual Insurance.
The editorial staff of Risk & Insurance had no role in its preparation.

Liberty Mutual Insurance offers a wide range of insurance products and services,
including general liability, property, commercial automobile, excess casualty
and workers compensation.







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