Large-Deductible Work Continues Following NAIC Report

States are gradually implementing more safeguards around large-deductible workers’ comp insurance policies, and the efforts might receive a boost from a recently finalized report from the National Association of Insurance Commissioners. The NAIC Workers’ Compensation Large Deductible Study, a document that includes recommendations on financial controls for large-deductible carriers and policyholders, was officially released last month. But the release of the report doesn’t mean that NAIC’s large-deductible work is done. The association’s Financial Condition, or ...