The current workers' comp market touts a strong performance, but Fitch mentions that a steady decline in premium rates from increased competition will ultimately lead to weaker underwriting results. (Photo: Shutterstock)
The U.S. workers' compensation insurance market reported strong underwriting performance for the third consecutive year in 2017, with an industry statutory combined ratio of approximately 92%, according to Fitch Ratings.
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
