To date, around 80% of these claims were under $10,000. However, a few notable incidents resulted in very large claims, with $630,000 being the highest, NCCI reported. (Credit: Gorodenkoff/stock.adobe.com) To date, around 80% of these claims were under $10,000. However, a few notable incidents resulted in very large claims, with $630,000 being the highest, NCCI reported. (Credit: Gorodenkoff/stock.adobe.com)

In 2019, the workers' compensation residual market was flashing positive signs, as combined ratios neared break-even territory and market share reached 7% after five years of declines, according to the National Council on Compensation Insurance (NCCI). As we know, the year that followed offered much turmoil and unpredictability.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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