What does BLS mean? Read on to discover the definition & meaning of the term BLS - to help you better understand the language used in insurance policies.
The Bureau of Labor Statistics (BLS) is a Federal agency under the U.S. Department of Labor that reports and measures labor activities, price changes, and working status of different industries. In the context of insurance, BLS is responsible for giving reports and analysis about the status of the insurance industry, including insurance carriers, and other related activities.
We hope the you have a better understanding of the meaning of BLS.