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Market Forecast CloudyFor Workers’ Comp Insurers

Tracking the state of the workers compensation market, the National Council on Compensation Insurance finds that the business is in a cautionary period and facing an overcast outlook.

In a departure from most of the 1990s, NCCIs preliminary year-end analysis for 2000 shows that net written workers’ comp premium for private carriers is up for the first time since 1993. In fact, total premium was at $25.5 billion at year-end, compared to $22.2 billion for year-end 1999.

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