Comp's Underwriting Profit Expected to Decline This Year, A.M. Best Says

Workers’ compensation net premiums written for 2017 are expected to come in 1% lower than in 2016, following a tapering off of growth over the past few years, according to new report from A.M. Best. And 2017 is expected to end with a workers’ comp combined ratio of 95.1%, which is projected to tick up this year, to 95.9%, according to the report, released on Monday. Even though combined ratio is expected to rise, pointing to lower underwriting profitability, the number “still indicates very strong and favorable performance overall,” the report said. And A.M. Best&rsq...