A new report shows the average return on net worth for California workers’ compensation insurers rose to 9.9 percent in 2017, the fourth consecutive increase.
The report comes from the National Association of Commissioners and was summarized in an analysis issued earlier this month by the California Workers’ Compensation Institute.
The report ranks California in a tie with Arkansas at 18th out of the 45 states for which data were reported, according to CWCI.
The rate of return in 2016 was 8.7 percent. It was 7.9 percent in 2015, 5.8 percent in 2014 and it fell in 2013 to 3 percent.
The 10-year average return for California workers’ comp insurers was 6.3 percent, the report shows.
Was this article valuable?
Here are more articles you may enjoy.
Starbucks Must Face Shareholder Lawsuit Over Surprise Sales Decline 
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown 
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB From This Issue
