LexisNexis® Legal Newsroom
NCCI Forecasts Deteriorating Market for Workers' Compensation Industry

Dennis Mealy, NCCI's Chief Actuary, in a "State of the Line" report at NCCI's annual issues symposium on May 5, 2011, characterized the condition of the workers' compensation insurance market as "deteriorating." Most discouraging of all was his announcement that the combined...

Initial Data on 2012 Private Self-Insured Claims Show Stable Claim Frequency, Declining Severity

Workers’ compensation claim frequency among California’s private self-insured employers showed almost no change in 2012 as a slight increase in the incidence of medical-only claims was offset by a slight reduction in indemnity claim frequency according to a California Workers’ Compensation...