Among the havoc dished out by COVID-19 emerged two major hits on workers' comp: A significant drop in net premiums written and presumptions covering workers that contracted the virus.
That's according to Jeff Eddinger, senior division executive at the National Council on Compensation Insurance (NCCI), who tells PropertyCasualty360.com: "Specifically, net written premiums dropped 10% for calendar year 2020. This was impacted by the recession brought on by COVID."
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