Are Florida Workers’ Comp Rates Getting Too Low? Roofers, Insurer Urge Freeze October 6, 2023 By William Rabb Workers’ compensation rates have shrunk to such a low level in Florida, at least for some classifications, that they are...
Connecticut Eyes 9.8% Cut in Workers’ Compensation Costs September 26, 2023 Connecticut workers’ compensation insurers are recommending an overall 9.8% reduction in loss costs in the voluntary market and a 10.5%...
NCCI Calls for Average 15% Decrease in Florida Workers’ Compensation Rates August 29, 2023 By Insurance Journal Staff Reports The National Council on Compensation Insurance has proposed an average 15.1% decrease in rates for Florida, starting Jan. 1, the...
NCCI Names Fick New Board Chairman, Elects Other Board Members May 11, 2023 The National Council on Compensation Insurance has elected Brandon Fick as its new board chairman, replacing Lisa Corless. Fick is...
NCCI Symposium: Strong Profits for Workers’ Comp, but Medical Still a Concern May 10, 2023 By William Rabb While the property/casualty insurance industry overall may have seen a slight loss in profitability in 2022, workers’ compensation continues to...
As NCCI Turns 100, a Look at What’s Now, What’s Next for Workers’ Comp April 19, 2023 By Susanne Sclafane Editor’s note: This article first ran in Insurance Journal’s sister publication, Carrier Management, earlier this month. It was written by...
Connecticut Approves 3% Cut in Workers’ Compensation Costs for 2023 October 24, 2022 Connecticut businesses will see another rate decrease in workers’ compensation insurance beginning on January 1, 2023. The Connecticut Insurance Department...
NCCI: Almost One Quarter of COVID Claimants Suffer Prolonged Symptoms October 21, 2022 By Jim Sams Nearly a quarter of workers’ compensation claimants who were treated for COVID-19 experienced persistent symptoms or a relapse months later,...
NCCI Recommends 8.4% Cut in Florida Workers’ Comp Rates for 2023 August 25, 2022 The National Council on Compensation Insurance is recommending an average 8.4% cut in workers’ compensation rates for the Florida voluntary...
Claims Frequency Up for 2021, but Workers’ Comp Profitability ‘Unprecedented’ May 11, 2022 By William Rabb For the first time in more than a decade, workers’ compensation claims frequency, outside of COVID-19 illness claims, increased in...