Workers for construction contractors in companies less than four years old make up 75% of the compensation claims for workers in the sector, according to a report released on Wednesday by AmTrust Financial Services Inc.
The insurer's risk report for contractors identified common injuries and vacancies from work, based on 26,000 compensation claims for employees under 10 years.
The report also showed that employees with less than one year at work account for the largest injury, which corresponds to 33% of the injuries. The second year represents 16% of the injuries, a percentage that gradually decreases until the workers reach their sixth year. Workers with more than 6 years of experience represent 29% of the claims.
The report also showed that workers compensate claims at most in the summer, with August seeing twice as many injuries as in December, probably due to seasonal construction work. At the same time, states with warmer climates — such as Arizona and Florida — are the most historic losses, in part because contractors have a year-round season for outdoor work. Arizona claims rates are 42% above the average number of claims in the United States and Florida claims rates are 34% above average.
Among the other results of the report, plumbers accounted for 28% of all claims and electricians settled 1