NU Online News Service, April 26, 1:00 p.m. EDT
With the current investment environment working against workers' compensation insurers, companies may be pressured into a harder market as they try to achieve underwriting profits in a line that has not had a combined ratio under 100 since 2006, a new report says.
Conning Research & Consulting says in its "Workers' Compensation: A Bumpy Road from Recession to Recovery" report that workers' compensation specialists have tended to invest a higher portion of their assets in bonds since 2008.
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