At the 2018 NCCI Annual Issues Symposium, a panel of risk managers discussed the evolving workforce and it’s impact on workers’ compensation. The panel included: Susan Donegan – Chief Regulatory Officer, NCCI (moderator) Michelle Adams – VP Risk Management Services, Walt Disney World Resort Marc Salm – VP Risk Management, Publix Super Markets, Inc. Melanie […]

At the 2018 NCCI Annual Issues Symposium, Robert Hartwig, Clinical Associate Professor of Finance at the University of South Carolina gave a fast-paced session highlighting the impact the economy is having on workers’ compensation. The highlights: Growth of workers’ compensation premiums is tied to growth in our economy and our economy is growing right now. […]

At the 2018 NCCI Annual Issues Symposium, Kathy Antonello, Chief Actuary for NCCI, gave the State of the Line presentation. The highlights: Last year brought double-digit rate decreases in almost half of the NCCI states. Tax reform is having a significant impact on the workers’ compensation line. Workers’ compensation net written premiums dropped 0.7% to […]

Bill Donnell, President and CEO of NCCI, kicked off the 2018 NCCI Annual Issues Symposium with a discussion of The Future@Work. Back in the early 90’s, the workers’ comp industry experienced six consecutive years of losses. Contract that with industry profitability the last 6 years. The market has gone up and down over the years […]

At the 2017 NCCI Annual Issues Symposium, a panel of representatives from industry associations discussed a variety of topics impacting their members. The panel included: Roberto Ceniceros – Senior Editor, Risk & Insurance Magazine Charles Chamness – President and CEO, National Association of Mutual Insurance Companies (NAMIC) Sean Keveligan – CEO, Insurance Information Institute (III) […]

At the 2017 NCCI Annual Issues Symposium, Jonathan Haidt, Professor of Ethical Leadership from NYU Stern School of Business and noted author, discussed the important work done by our industry and our reason for doing it. The Triangle Shirtwaist fire in 1911 is credited with being the rallying point for the present workers’ compensation systems […]

At the 2017 NCCI Annual Issues Symposium a panel debated issues impacting the workers’ compensation system and how well our industry is serving injured workers. The panel was: Susan Donegan – Chief Regulatory Officer, NCCI (moderator) Robert Hartwig – Associate Professor of Finance, University of South Carolina Peter Kochenburger – Associate Clinical Professor of Law, […]

At the 2017 NCCI Annual Issues Symposium, Kurt Carl, Chief Economist for Swiss Re, talked about the impact of the economy and technology  on insurance and workers compensation.  The highlights: There are several factors that has lead to disappointing economic growth the last few years. This includes commodity price bust, slowdown in trade growth and […]

At the 2017 NCCI Annual Issues Symposium, Chief Actuary Kathy Antonello shared details from NCCI’s analysis of the latest trends and cost drivers in workers’ compensation. The data looks at information for 2016 and compares it to data from 2015. The highlights: P&C Industry Total P&C premiums increased from $514 in 2015 to $527 billion […]

The 2017 NCCI Annual Issues Symposium kicked off with NCCI President and CEO Bill Donnell giving his assessment of the workers’ compensation system and the challenges it faces going forward. One of the goals of NCCI is to help preserve the balance in the system by providing analysis that can be used by all stakeholders […]