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Workers' compensation premiums increased 1% this past year, according to the NCCI.
Renewed focus on customer service and workplace culture can help safeguard small businesses against an array of risks.
Through the first half of 2023, private workers' comp carriers had a 47% combined direct loss ratio.
Wages have continued growing, in turn boosting payrolls and premiums for most industries.
The NCCI's chief executive shares insights from the organization's annual survey of workers' comp carriers.
Devices in the workplace can increase employee engagement in safety programs.
With insurance regulated at the state level, gubernatorial elections tend to bear more significance for the workers' compensation industry.
Insurance industry news from Fleet Response, NFP, GAF and more.
Bill Donnell has led the workers' comp rating and data collection bureau since 2015.
Insurance industry news from Verisk, Ryan Specialty, InsurTech NY and more.