Liberty Mutual Insurance
Liberty Mutual Workplace Safety Index 2023
Pages
2
Time to read
5 mins
Publication
Language
English
Pages
2
Time to read
5 mins
Publication
Language
English
The document is an annual report titled the Liberty Mutual Workplace Safety Index 2023, which details the top causes of serious, nonfatal workplace injuries and their associated costs to U.S. businesses. The report outlines that the total cost of the top ten most disabling workplace injuries reached $48.15 billion in 2023. It identifies overexertion involving outside sources as the leading cause, accounting for 21.9% of the total costs. The report also notes the introduction of a new injury category, 'Exposure to Other Harmful Substances,' which includes COVID-19, ranking sixth with costs of $3.35 billion. The methodology used for the index combines data from Liberty Mutual, the U.S. Bureau of Labor Statistics, and the National Academy of Social Insurance to rank injuries based on their direct costs. The findings emphasize the need for businesses to understand these risks to enhance workplace safety and resource allocation.