workers are its victims." The issues paper addresses the following facts Losses for workers' comp insurers are outpacing premiums The rate of return for workers' comp insurers has steadily declined over the past five years Insurers' poor rates of return are not due in large part to

By David Dankwa Senior Reporter After seven consecutive quarters of rate increases workers compensation insurance rates are outpacing loss trends providing a strong indication that 2013 would be a year of improved profitability and returns. Notwithstanding the positive indicators there are

Florida is outpacing the region and the nation in job losses as part of a trend that also is shrinking payrolls and reducing wage growth the National Council on Compensation Insurance NCCI told stakeholders earlier this month. The Boca Raton Fla.-based rate maker held its annual Florida

BALTIMORE -- Workers' compensation is outpacing other components of the hurricane-battered property and casualty industry in the growth of premium and profits although medical costs still account for well more than half of the losses. The shifts are occurring as the residual market continues to

ratio for California comp carriers was 125 more than 19 percentage points above the national average according to the numbers used by Fitch. Additionally the WCIRB has been saying that pure premium rates need to be increased in California. But former Insurance Commissioner Steve Poizner

profitability stood at 98 in 2019 for Texas comp insurers. That's the highest level in a decade and up from 81 in 2014 and 2015 but still shows marginal profit the report said. The ratio is incurred losses and expenses divided by earned premium and the lower the ratio the higher the profit. By

special legislative session as early as November. "With a struggling economy now is not the time to raise employer workers comp rates" said David Daniel the chamber's vice president of government affairs. By Michael Whiteley Eastern Bureau Chief mikeworkcompcentral.com

. Mealy said the nine-point jump in losses represents the largest single-year increase since the mid-1980s. He said workers' compensation was the only property and casualty line besides a category identified as "other liability" to see an increase in the net combined ratio. Workers' compensation also