Insights from the 2024 Travelers Injury Impact Report

The 2024 Travelers Injury Impact Report, based on an analysis of over 1.2 million workers’ compensation claims from 2017 through 2021, offers vital insights for businesses of all sizes and across various industries. This report highlights that 35% of workplace injuries occur during an employee’s first year on the job, resulting in over six million missed workdays. First-year injuries account for 32% of all workers’ compensation claim costs. Restaurants, construction, transportation, services, wholesale, and manufacturing sectors are notably impacted.

Key causes of severe injuries, costing $250,000 or more, include slips, trips, and falls, overexertion, being struck by objects, motor vehicle accidents, and caught-in or caught-between hazards. The report underscores the importance of effective safety processes and training programs. Additionally, Travelers’ Workforce Advantage® program focuses on creating a safety culture, robust onboarding and training, and hiring qualified candidates to foster safer workplaces.

Travelers emphasizes the importance of quick and medically appropriate return-to-work processes, utilizing leading technology and a biopsychosocial approach to support injured employees. This comprehensive strategy aims to reduce disability duration, lower claim costs, and improve employee satisfaction.