Workers compensation could be headed along a bumpy road

workers compensation insurance

Many industry experts are now expecting that there could be some turbulence in the future of this coverage. Even though financial indicators have been suggesting improvements, the president and CEO of the National Council on Compensation Insurance Inc. (NCCI) has stated that the workers compensation industry should be getting ready for some “difficult times” as the workplace and workforce ecosystem undergoes a considerable evolution. President and CEO of the NCCI, Steve Klingel, recently spoke at the 2015 Issues Symposium. The NCCI is a workers compensation ratings and research organization. At…

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Florida workers’ compensation insurance market in strong shape

workers compensation insurance

Workers’ compensation insurance is strong in Florida A new report has been released by the Florida Office of Insurance Regulation concerning the state’s workers’ compensation insurance market. The report, which is issued annually, documents the trends that are being seen in the workers’ compensation insurance market and how these trends are affecting the market as a whole. According to the report, the workers’ compensation insurance market remains strong despite recent legislative changes and other factors that have impacted the market over the past year. Report highlights declining rates, and the…

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