Workers Comp Insurers Post Profitable Year for 2020

The National Council on Compensation Insurance (NCCI) today revealed in-depth data on the performance of the US workers compensation system in 2020. Because of job losses and shrinking payrolls during the pandemic recession, net written premium dropped 10% to $42 billion in 2020. However, private insurers posted a profitable calendar year combined ratio of 87,… Continue reading Workers Comp Insurers Post Profitable Year for 2020