At the 2016 NCCI Annual Issues Symposium, Lori Lovgren and Ann Bok from NCCI compiled a report with some interesting statistics about trends in the workers’ compensation industry. The highlights: Between January 1, 2015 and March 5, 2016, NCCI monitored 660 pieces of proposed legislation impacting workers’ compensation from around the country. The key workers’ […]

At the 2016 NCCI Annual Issues Symposium, NCCI Chief Actuary Kathy Antonello presented their annual State of the Line Report. The entire State of the Line report can be viewed on the NCCI web site (NCCI.com). Some of the highlights: Total Property Casualty premiums increased 3.3% in 2015.  All lines except Fire and Allied Lines […]

NCCI President and CEO Bill Donnell kicked off the 2016 NCCI Annual Issues symposium with his observations of the workers compensation industry. The theme for NCCI AIS this year is Channeling Change: Meeting the Challenges of an Evolving Market. Bill is the new CEO of NCCI this year so he started with some observations from […]

At the 2015 NCCI Annual Issues Symposium, Richard Victor, president and ceo of the Workers’ Compensation Research Institute (WCRI), and Alex Swedlow, president of the California Workers’ Compensation Institute (CWCI), presented insights from their research on medical cost drivers. Below are the highlights: Physician Dispensing There are only 8 states that either prohibit or significantly […]

At the 2015 NCCI Annual Issues Symposium, NAIC chief executive officer Ben Nelson provided his insights into many of the industry’s most immediate challenges. The highlights: Insurance regulation cannot be static. It must be fluid and adapt to changes in the industry and the economy. Although the Federal government has tried to inject itself into […]

At the 2015 NCCI Annual Issues symposium, Robert Harwig, president of the Insurance Information Institute (III), presented a session that addressing the workplace of tomorrow. His session included gender differences in workplace assignments, new definitions of what will constitute a “job” in the future and the increasing “on-demand” nature of of the workplace. Robert’s style […]

At the 2015 NCCI Annual Issues Symposium,  Kathy Antonello, Chief Actuary for NCCI presented their State of the Line review which provides an exclusive review of workers’ compensation trends, cost drivers, and the significant new developments shaping the industry.  2014 Property/Casualty (P/C) Industry Results: All P/C lines saw premium levels increase in 2014. The industry as a […]

NCCI President and CEO, Steve Klingel, kicked off the 2015 NCCI Annual Issues Symposium with an opening session that focused on the top-line industry indicators and emerging issues that will capture the attention of workers’ compensation professionals in the months and years ahead. Top-of-the-line numbers: Net written premium for 2014 $44.2 billion, a 6% increase […]

At the 2015 NCCI Annual Issues Symposium, a panel of speakers covered a variety of issues facing the workers’ compensation industry.  Mona Carter, senior division executive – national policy development for NCCI moderated the workshop.  The speakers were Thomas Sullivan, associate director with the Federal Reserve; Ann Bok, practice leader and senior actuary with NCCI; […]

On May 14-15, Conference Chronicles will be blogging from one of the biggest industy events of the year.  The NCCI Annual Issues Symposium. In addition to providing extensive research about the state of the workers’ compensation marketplace, the NCCI conference is the leading networking event for workers’ compensation carriers and their reinsurers.   For more […]