Understanding Recent Workers' Compensation Industry Results

Workers' compensation has benefitted from highly stable loss trends, with annual severity increases at or below general inflation.

2024 in Sight, 2023 in Review: The Latest Results for Workers ...

Overall, the workers compensation industry continues to exhibit signs of strong performance in CY 2024. In analyzing the profitability of the WC ...

Workers' Comp Sees Strong 2023 Results, Positive 2024 Outlook

The workers' comp insurance industry delivered another year of strong financial results in 2023. Final countrywide data shows that private ...

2023 Workers Compensation Financial Results Update - NCCI

The most recently reported (as of May 27) WC written premium volume net of reinsurance (NWP) is $42.5 billion for private carriers.

The State of the US Workers' Compensation Insurance Market

After a decade of extended profitability, the US workers' compensation re/insurance (WC) market faces emerging challenges, a Swiss Re analysis shows.

Workers compensation: Summary of 2023 statutory financial results

Recent favorable trends have allowed insurers to continue to reduce their estimates of ultimate losses. While the workers' compensation industry ...

Workers' Comp Industry – “A Financially Strong System” - Gen Re

Workers' Comp results continue to compare favorably against the total P/C net combined ratio of 102%. Lost-time claim frequency estimates for ...

After Period of Stability, U.S. Workers' Comp Market Faces Emerging ...

Workers' compensation insurance rates have decreased for 10 consecutive years, Swiss Re noted. This has pushed accident year combined ratios ...

U.S. Workers' Compensation Reserve Adequacy and Underwriting ...

The workers' compensation line is the strongest performing major commercial product line for the U.S. property and casualty (P/C) industry.

Record Profit, Questionable Protections: The State of Workers' Comp

While some of this may be attributed to a declining number of workplace injuries, this trend started around 1990 when a wave of new laws ...

Worker's Comp Insurance Profits May Fall Amid Lower Reserve ...

The P/C industry has reported unusually favorable workers' compensation reserve strength, with the change in prior-year incurred losses relative ...

Workers compensation: Summary of 2022 statutory financial results

The countrywide workers' compensation 2022 calendar year loss and DCCE ratio (CYLR) for the industry was roughly 52%, which represents an ...

Center for Workers' Compensation Studies | NIOSH - CDC

Determine what caused an injury/ illness: Workers' compensation claims data can be analyzed to better understand what job factors caused a past ...

2022-Workers-Compensation-Report-2020-Data.pdf

The mission of the Academy is to advance solutions to challenges facing the nation by increasing public understanding of how social insurance contributes to ...

Why workers' compensation rates are decreasing - SFM

“The latest workers' comp rates throughout our territory currently range between -6.3% and -12%.” Why are rates going down? The explanation for ...

Workers Compensation Research Institute: Homepage | WCRI

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Facts + Statistics: Workplace Safety/Workers Comp | III

Workers compensation systems vary from state to state. Workers compensation combined ratios are expressed in two ways. Calendar year results reflect claim ...

Workers' Compensation Research

... Insurance Programs May 31, 2021. Understanding Opioids in the Context of ... REPORT: Workers' Compensation: Benefits, Coverage, and Costs – 2007 Data

About Workers' Compensation Data - CDC

Results: ... From 2007-2017, a total of 774,153 claims were analyzed. ... Injury event/exposures varied by industry and high-risk industries were ...

Division of Workers' Compensation - Missouri Department of Labor

Ben Qualls joined the Division of Workers' Compensation (DWC) in 2004, holding various roles in the Self-Insurance Unit and then moving on to a Senior Research/ ...