A Message From the Editor
The U.S. workers’ compensation market is on track for a fifth consecutive year of underwriting profits in 2019 despite recent weakening in market fundamentals. According to Fitch Ratings, the industry’s statutory combined ratio fell to 86% in 2018 and has averaged 93% annually since 2015. In other news, NU Claims magazine, NU Property & Casualty and NU PropertyCasualty360 are sponsoring a free webinar on Tuesday, July 23 at 2 p.m. ET that will examine many of the issues insurers will face as the legalization of marijuana begins to touch every line of insurance, we examine the top personal auto and workers' compensation insurers of 2018, why strategy and timing are key for improving workers' compensation outcomes and more.
– Denny Jacob, Staff Reporter