Workers’ compensation underwriting performance is expected to remain strong in 2021 with favorable results driven by recent reductions in claims frequency and further recognition of material reserve redundancies, Fitch Ratings says. However, this level of profitability is unsustainable longer term, as claims trends are expected to normalize while competitive forces create renewed pricing pressure. The… Continue reading Workers’ Comp Trends Expected to Remain Favorable in 2021: Fitch
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