Workers’ Comp Watch

The Carrier Perspective: How AIG Utilizes Medical Experts; A New Player Takes On Hard To-Insure WC Risks; And The Hartford On Why It’s Not Just About Getting Rate

It’s no secret that Workers’ Compensation is a challenging line of business, to say the least—carrying an annual industry combined ratio well into unprofitable territory (117.2 in 2011— the highest in the last decade and the highest among all major insurance lines).  

As the overall insurance market hardens, Workers’ Comp is among the lines consistently seeing the largest rate increases. But for years, this line has been severely underpriced—and so the industry is far from digging itself out of that hole, despite the recent rate hikes. Nevertheless, Workers’ Comp premiums for private carriers and state funds increased to $35.67 billion in 2011—a 13.3 percent jump from 2010 and the first increase since 2006, according to SNL Financial. 

Featured Video

Most Recent Videos

Video Library ››

Top Story

Hosting a Super Bowl 50 party? Watch out for these 5 risks

Follow these five tips to keep your guests and your home safe during your Super Bowl 50 party.

Top Story

Win big with these 7 food safety tips for your Super Bowl 50 party

Avoid food safety penalties at your Super Bowl party by following these seven tips.

More Resources


eNewsletter Sign Up

PropertyCasualty360 Daily eNews

Get P&C insurance news to stay ahead of the competition in one concise format - FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.