NCCI: Insurers Concerned About 2024 Comp Outlook

Workers’ compensation executives are worried about the economic and financial state of the system moving into 2024, with rate adequacy, medical inflation and the shifting workforce among some chief concerns, the National Council on Compensation Insurance reported in its annual survey of key industry stakeholders. The results of the survey, which were announced Monday by the Boca Raton, Florida-based NCCI, function as a “barometer of industry sentiment and helps NCCI determine which topics become the focus of our research and analysis,” NCCI President and CEO Bill Donnell...