Insurance Journal
APRIL 6, 2025
Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025. According to Superintendent …
Insurance Journal
JULY 14, 2024
reduction in workers’ compensation rates–a cut that is almost twice the size of what the insurance industry’s rating bureau proposed in its filing. Massachusetts businesses will see an average 14.6% The lower rates go into effect on July 1, 2024.
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Triple-I: Workers Compensation
MARCH 24, 2025
Back then, 35 years ago, I thought the best career for a math major would be education, said Ryan, who in November 2024 became president and CEO of NCCI the nations most comprehensive source for workers compensation data, insights, and solutions. Ryan never thought about the demands of working in a male-dominated industry.
Triple-I: Workers Compensation
FEBRUARY 14, 2025
By William Nibbelin, Senior Research Actuary, Triple-I The workers compensation insurance 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.
Triple-I: Homeowners Insurance
OCTOBER 10, 2024
property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The report was released during a members-only webinar on Oct.
Triple-I: Workers Compensation
APRIL 20, 2021
Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. Passage of the CLAIM Act would open the doors for more insurers and should bring the cost of insuring marijuana-related businesses much less expensive.
Triple-I: Workers Compensation
APRIL 4, 2022
“With medical costs continuing to rise, the most significant dynamic in terms of any company controlling their workers’ compensation costs and claims is ensuring that there are adequate tools in place to help mitigate medical costs for claimants under their workers’ compensation,” said Dustin Partlow , senior vice president at Caitlin Morgan Insurance (..)
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