Moody’s Investors Service affirmed the A2 issuer rating assigned to NCCI Holdings, Inc., saying that the rating outlook for the company is stable. Among the strengths that Moody’s cites in its report on the ubiquitous workers’ comp council:
- NCCI has a dominant market position as a provider of workers compensation and employee injury data and statistics for a variety of private and governmental constituents, including insurance companies and state governments.
- NCCI’s key market strength is its comprehensive database of historical claims that would be difficult to replicate, resulting in limited competition.
Read the full release from NCCI here.