Worker Compensation Boards have huge funds to manage as they put aside the money for long term claims that must be paid. I saw this article about Ontario increasing its benefits.
This is a truly amazing irresponsible thing to do when you consider current claims are estimated to be covered only to the tune of about 58%.
I don't know the details, but apparently BC WCB did pretty good considering the year and the amount of funds they have to manage. My understanding is that they went from being funded on claims to the tune of 118% to 110%. They did lose money, but they didn't do what the market did, which would have brought them to the 70% funded range. I haven't looked closely to see if there is creative accounting.
But, overall, I would think that the percent that you can collect on a claim should be declining, not increasing.