NCCI Annual Symposium: Another Banner Year Will Help Industry Weather Storm

The COVID-19 pandemic and severe economic recession could not have come at a better time for the workers' compensation insurance industry. That was the word from actuaries and economists at the National Council on Compensation Insurance Annual Issues Symposium on Tuesday, held via online video presentation for the first time. Thanks to “unprecedented financial strength and consistent performance” in recent years, the U.S. comp system “is well positioned to face the COVID-19 stress,” said Donna Glenn, chief actuary for the NCCI. The NCCI, which acts as the rat...