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By William Nibbelin, Senior Research Actuary, Triple-I The workerscompensationinsurance industry experienced its second-best underwriting result in the past 20 years in 2023, with a net combined ratio of 87, according to Triple-Is latest Issues Brief.
Despite early “dire estimates” of how the COVID-19 pandemic might affect the workerscompensationinsurance sector, the system has proved to be resilient, according to Bill Donnell, president and CEO of the National Council on CompensationInsurance (NCCI).
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