Report: California Workers’ Comp Insurers Return on Worth Up

This is good news for insurance carriers writing in the state of California.

California workers’ compensation insurers’ average return on net worth increased for the second year in a row in 2011, according to the latest National Association of Insurance Commissioners report on insurer profitability.

The report shows California insurers’ 2011 return improved from 5.2 percent in 2010 to 7.4 percent in 2011, making California 15th out of the 46 states that operate without a monopolistic state fund.

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