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Massachusetts Orders 14.6% Cut in Workers’ Compensation Rates

Insurance Journal

reduction in workerscompensation 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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NCCI’s Tracy Ryan:Busting the Math Myth

Triple-I: Workers Compensation

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.

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Workers Comp Premium, Loss, Market Trends Support Its Ongoing Success

Triple-I: Workers Compensation

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.

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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

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.

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Pandemic Fuels Growth in Captive Insurance

Triple-I: Workers Compensation

“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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Travel Insurance for Businesses

Bankers Insurance

Most insurance companies offer comprehensive policies for international employers in which K&R is only part of the package. This coverage provides workers’ compensation benefits in the event of a work-related injury or illness. Additionally, the U.S.

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Manufacturing & Distribution Risk Considerations in Response to COVID-19

Scott Insurance

Proper Disclosure to Your Insurance Provider Insurance policies outline terms and conditions of coverage, including what responsibilities the policyholder must comply with in order to maintain coverage. These conditions include notification requirements, including timeliness, of any material change in operations.

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