Workers' Comp

The National Council of Compensation Insurance (NCCI) is recommending Louisiana cut workers compensation costs by 5 percent to reflect greater workplace safety in recent years.

New York P&C insurance industry officials are questioning a statement from Gov. Andrew W. Cuomo that workers compensation premiums for state employers will decline by 26 percent next year.

Both Florida and New York are reporting that their respective workers compensation reforms are having an impact, but officials in both states indicated that further changes, likely through additional legislation, are necessary.

California legislators have passed only a handful of Workers Compensation laws since passing a major overhaul in the sector in 2012, says the California Workers Compensation Institute.

California legislators have passed only a handful of Workers Compensation laws since passing a major overhaul in the sector in 2012, says the California Workers Compensation Institute.

It is too early to tell what will happen if the Terrorism Risk Insurance Program Reauthorization Act is not renewed, but some industry experts fear workers compensation could be the biggest source of claims in any future attack on U.S. soil.