Workers comp combined ratio, premiums improve in 2012: NCCI leader | Business Insurance

The state of the workers compensation insurance market is “encouraging,” with the line's combined ratio improving by 6 percentage points and premium volume up 9% in 2012, NCCI Holdings Inc. said Thursday.

The combined ratio's drop to 109% in 2012 “is significant” and “is a positive shift that has moved us well along on the tightrope,” NCCI President and CEO Stephen J. Klingel told the organization's 2013 Annual Issues Symposium in Orlando, Fla.

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