Business Insurance – July 1, 2012 Rising medical costs, insurer profitability affect overall pricing Employers renewing their workers compensation policies likely will pay more for the coverage as claims costs rise and insurers' combined ratios deteriorate, experts say. Purchasers of primary and excess workers comp insurance are seeing price increases, mostly in the single-digit range, […]

There has been much debate as to whether The Patient Protection And Affordable Care Act will actually reduce or increase workers comp costs. Some are saying that employees without health insurance have been filing workers comp claims to get medical treatment but now that they will have their own health coverage, the number of fraudulent […]

June 25, 2012 By Mark E. Ruquet – PropertyCasualty360   Workers’ Compensation results are a drag on the P&C insurance industry’s numbers, producing a combined ratio that is 7 points worse than the industry as a whole, according to Fitch Ratings. In a new report, Fitch says Workers' Comp came in with a statutory combined […]