The combined estimated changes for individual premium-related components (employment, wages and rate/loss costs) suggest an overall drop of 7% in jurisdictions NCCI has insights from.
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Private carriers nationwide saw a decrease of 8.1% in direct written workers' comp premiums during 2020 when compared with the year prior, according to National Council on Compensation Insurance (NCCI) estimates, which also revealed a rise in opioid prescriptions during Q2 2020.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
