Rating Bureaus to Discuss Latest COVID Study During Wednesday Webinar

Representatives from the handful of state rating agencies that teamed up with the National Council on Compensation Insurance for a study into the characteristics of COVID-19 claims will discuss their latest findings during a webinar Wednesday. NCCI said the webinar will provide detailed insight into COVID-19 claim characteristics and trends from accident year 2020 through the end of 2021. The study found that the average cost of a COVID-19 claim was $9,600. The study also found COVID-19 claims fell to 4% of lost-time cases in 2021 after accounting for 11% of lost-time claims in 2020. Most C...