Comp Rates Outpacing Losses for 7 Quarters Straight

By David Dankwa, Senior ReporterAfter seven consecutive quarters of rate increases, workers’ compensation insurance rates are outpacing loss trends, providing a strong indication that 2013 would be a year of improved profitability and returns.Notwithstanding the positive indicators, there are potential headwinds that industry leaders say could derail profits this year and in 2014. These headwinds for now have been overshadowed by the exhilaration over pricing trends. In fact, a number of carriers are expanding their appetite for workers’ comp risks, repositioning portfolios to targ...