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WC Market Looks Good, RMs Told

Overall, the comp news is good for risk managers, but they should be cautious because the market is cyclical and conditions will not last forever, was the advice from a panel of industry experts addre

By Caroline McDonald | Updated on August 15, 2007

ORLANDO, FLA.–Industry experts here have advised risk managers that, aided by new state laws, workers’ compensation insurers are strong despite a recent decline in prices.

Overall, the comp news is good for risk managers, but they should be cautious because the market is cyclical and conditions will not last forever, was the advice from a panel of industry experts addressing the state of the market here at the Workers’ Compensation Educational Conference, as part of the National Trends Program put together for the meeting by National Underwriter.

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