The advent of risk management tools and the investment and improvement in workplace safety has improved the workers' compensation segment. These improvements are often reflected in a company's direct premiums written and direct premiums earned. According to a report conducted by the National Association of Insurance Commissioners, part of which analyzed the workers' compensation market, there are 25 groups and companies with a sizeable footprint in this segment. The industry total for direct premiums written and direct premiums earned were $57,996,649,945 and $58,234,233,011, respectively. The cumulative market share of the 25 groups and companies is 68.36%. The current report is based on filings received by March 25, with an estimated 98.77% of property & casualty filings received. The full 2018 Market Share Reports for Property/Casualty Groups and Companies will be available this summer and will contain more in-depth information. With this in mind, presented in the slideshow above, here are 2018′s top 15 groups and companies for workers' compensation. Related: |
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
