Sunday, May 8, 2011

Storm of Negative Forces Hurting Workers’ Compensation Market

Florida Underwriter May 2011
By Stephen J. Klingel

In May of each year, the National Council on Compensation Insurance (NCCI) presents its annual State of the Line summary of the economic forces affecting the workers’ compensation market. We also offer stakeholders our thoughts on where the market will be headed in the next 12 months.
As we prepare to deliver that much-anticipated report again this year, the early signs are of a market that is struggling against some significant headwinds. Two forces, in particular, continue to buffet the industry: A troubled job market and regulatory uncertainty.  read more..


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