Workers Comp Industry Improving in the US

According to NCCI, Workers Comp Premiums Went Up for Second Year After several hard years, workers comp premiums went up for the second consecutive year, according to a survey conducted by the National Council on Compensation Insurance. Net written premiums for the US workers comp market increased 9% this past year, or $39.63 billion. This is a huge improvement over the cumulative 27% decline from 2006 to 2010. “By many measures, the industry condition is indeed improving,” said Steve Klingel, NCCI president and CEO."While we are pleased … [Read more...]