WC Combined Ratio Dipped to 101% in 2013, NCCI Reports

By Peter MantiusNorthern Bureau ChiefORLANDO, Florida − Underwriting results for workers’ compensation insurers continued to improve in 2013, driving the best pre-tax operating gains for private carriers since 2006, officials of the National Council on Compensation Insurance reported Thursday at the group’s Annual Issues Symposium.The combined ratio for the workers’ compensation industry dipped to 101% last year, from 108% in 2012 and 115% in 2011, Kathy Antonello, NCCI’s chief actuary, said in delivering the group’s annual “State of the Line” re...