"The pandemic was the moment to rise to the challenge, and the workers' compensation system did so with integrity. Our workers' compensation system is fulfilling its noble mission to help injured workers," said NCCI President and CEO Bill Donnell. (Credit: Fotolia)

The U.S. workers' comp system saw net premiums decline 10% during 2020, while carriers recorded $260 million in COVID-19 claims and other key economic metrics are at or near historic highs, according to the National Council on Compensation Insurance (NCCI).

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

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

Commercial Lines
Workers' Comp