In national news:

NCCI recently released its annual State of the Line workers compensation market analysis, describing the state of the industry as “transforming.” This year’s State of the Line report indicates that the workers compensation Calendar Year 2015 combined ratio for private carriers was 94 percent. This is a six-point decline when compared with the 2014 combined ratio. Total market net written premium increased by almost 3 percent to $45.5 billion, driven primarily by an increase in payroll.

Read the report here.

Leave a Comment

Your email address will not be published. Required fields are marked *