U.S. worker’s compensation premiums grow while market remains stagnant

Workers Compensation insurance

Report documents the turbulent times of the worker’s comp market The National Council on Compensation Insurance (NCCI), the largest database of worker’s compensation insurance information in the U.S., has released the latest edition of its annual “State of the Line” report concerning worker’s compensation insurance in the country. The report covers 2011 and notes that premiums grew in that year. This growth has been countered by the apparent stagnation of the market, however. The report suggests that the combined ratio for the worker’s compensation line in the U.S. remains unsustainable.…

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