Each year, the National Council on Compensation Insurance, Inc. publishes a report that examines some of the major issues affecting the industry. It is a compilation of articles by industry specialists that offer valuable insights into Workers’ Compensation issues facing employers and other stakeholders. Here is a brief overview of what you will find: I. Industry Outlook An article by Stephen J. Klingel, CPCU, WCP, president and chief executive officer of NCCI is cautious about expressing a positive industry outlook for the months ahead. “While most indicators show continued improvement, it’s important to note that the combined ratio remains too high, and achieving an adequate return remains a challenge. These factors, along with the overhanging shadow of the potential loss of the terrorism backstop, add a note of caution to what might otherwise be a relatively optimistic outlook.” Peter M. Burton, CPCU, AU NCCI Senior Division Executive, State Relations gives a snapshot view of the legislative and regulatory outlook for […]