Comp Outlook 'Cautionary': NCCI
NU Online News Service, May 6, 9:40 a.m. EDT ?The workers' compensation insurance line continued in the red last year despite a three-point improvement in the combined ratio to 108, the largest service organization for the industry announced today in Orlando, Fla.[@@]
This was the second consecutive year that the National Council on Compensation Insurance has recorded a better ratio for the calendar-year. Still, the Boca Raton, Fla.-based NCCI said terrorism risks and other factors make the workers' comp industry outlook "cautionary."
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