NAIC: Work Comp Underwriting Results Vary Widely by State

Insurance carriers saw workers’ compensation underwriting losses in 10 states last year, with the greatest loss noted in Delaware, according to a new report from the National Association of Insurance Commissioners. Delaware, with a 15.1% underwriting loss, was followed by South Carolina, with a 7.6% loss; Wisconsin, with a 4.1% loss; and Louisiana, with a 3.4% loss. Other states with workers’ comp underwriting losses were Alabama, Georgia, Idaho, Maine, Massachusetts and Montana. NAIC noted that data from state funds in South Carolina and Montana are not included in the report, s...