Liberty Mutual Insurance Company says this might be a good time to approach the group disability market with a carefully designed product.
Employers responded to the recession recession by laying off hundreds of thousands of workers.
The U.S. unemployment soared to 10% in October 2009, up from 4.7% just two years earlier.
Group insurance carriers talked about “in-group attrition” and “shrinking case sizes.”
But the unemployment rate fell to 8.3% in January, according to the Bureau of Labor Statistics.