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Analysts: Falling Rates a Threat to Results

By Elaine Goodman (medical/business Reporter)

Tuesday, December 8, 2015 | 0

While 2014 and 2015 have been years of strong performance for workers’ compensation carriers, analysts are growing concerned that falling rates will impact future results. The strong performance has been the result of an economic recovery that's brought more employees into the workforce, as well as a positive rate environment through the end of 2014, A.M. Best Senior Financial Analyst Gordon McLean said in a video presentation on Monday. And company management has focused on the profitability of the line, on an account-by-account basis, McLean said. Net written premiums for wo...

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