New England Insurance Agent Blog

Annals of Workers Comp: Sort of Comp?

When is disability coverage for workers not quite workers comp? When it's part of an optional program that covers workers who are not quite employees. Confused? Read on. Uber, in the news lately for the wrong reasons, has taken steps to provide a disability program for its drivers (who are still not employees of Uber).

NCCI issues key work comp reports

NCCI’s State of the Line report is an annual issuance that highlights key indicators of the workers comp Industry, offering an important and extensive analysis of the nation's workers compensation market. This year's 57-page report takes the pulse of the industry. One key headline: “As presented in this year’s State of the Line Report, the workers compensation Calendar Year 2016 combined ratio for private carriers was 94%. This is the second consecutive year the industry has posted a six-point underwriting gain. Total market net written premium volume remained steady between 2015 and 2016 at $45.5 billion.”
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