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May 31, 2012
A new study suggests that random safety inspections by regulators help reduce injury claims without hurting profits. In a decade-long look at hundreds of California work sites, researchers found that inspected companies reduced their injury claims by 9.4 percent compared to those not inspected. Also, the same companies saved an average of 26 percent on workers' compensation costs in the four years following an inspection when compared with similar firms that were not randomly inspected.
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