workers’ compensation outlook News

Fitch: Workers’ Compensation Weakest Segment; Combined Ratio Worst in 10 Years

Workers’ compensation, the largest commercial lines segment representing approximately 18 percent of commercial lines net written premiums in 2011, posted a statutory combined ratio of 117 percent in 2011, according to a new report by Fitch Ratings. This result is …

Workers’ Compensation Turn a Profit? Fahgettaboudit!

Workers’ compensation carriers with visions of profits over the next few years are dreaming. It ain’t goin’ to happen, according to insurance analysts at Standard & Poors Ratings Services. “All signs are pointing to more unprofitable years ahead for the …