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PropertyCasualty360

Workers' Comp Watch

Jul 24, 2019

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

Market Insights

Fitch Ratings: Workers' comp on track for fifth year of underwriting profits

By Denny Jacob

The industry's statutory combined ratio fell to 86% in 2018 and has averaged 93% annually since 2015. Read More

News

Top personal auto, workers' comp insurers of 2018

By Rosalie Donlon

These rankings also reveal the year's top fire insurance, D&O liability and commercial peril carriers. Read More

Commentary

Strategy and timing are key for improving workers' compensation outcomes

By Christopher Schaffer

Improving workers' compensation claim outcomes in a statutory, no-fault system is challenging but achievable. Read More

Infographic

The top 100 insurance groups of 2018

By Rosalie Donlon

State Farm, Berkshire Hathaway and Progressive top this annual ranking based on net premiums written. Read More

News

Wading through the cannabis haze

By Patricia L. Harman

A new webinar takes an in-depth look at insurance issues surrounding legalized cannabis. Read More

Case Study

Colorado court bars 'excessive' workers' comp fines on corporate employers

By Steven A. Meyerowitz

The case is Colorado Department of Labor and Employment v. Dami Hospitality, LLC, No. 17SC200 (Colo. June 3, 2019). Read More

Conversation

#MeToo movement continues to impact workplace awareness, policies

By Alan Goforth

Most people agree the movement was long overdue. But has the pendulum now swung too far in the other direction? Read More

Best Practices

Understanding the complexities of worker recognition

By Marlene Satter

While it’s certainly not unwelcome, cash isn’t necessarily the most valued form of recognition. Read More

Save the Date

America’s Claims Executive Leadership Forum & Expo 2019

ACE now stands for America's Claims Executive. Join us at the ACE Leadership Forum & Expo in Las Vegas, NV on June 24-26, 2019 for the annual gathering of professionals leading, managing, and innovating the claims process and customer experience. Learn More

Resources

Risk Management Checklist: Are You Helping Clients Navigate Their Critical Areas of Risk?

Sponsored by: KPA

Use this tool to keep track of all the areas of risk your clients might be exposed to and ensure you’re helping cover them all. Learn More

Commercial Insurance Rating in a Rapidly Changing Market

Sponsored by: LexisNexis Risk Solutions

Learn how multi-sourced risk scoring can turn challenges into opportunities. Learn More

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