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The bill was introduced shortly after a similar bill failed in Mississippi. -
Cyber premiums dropped 1.8%, while commercial auto was up 8.9%.
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The move will expand Nationwide’s stop loss insurance sales to SMEs.
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NCCI’s WCWMI posted 2.3% growth last year, below 2023’s 2.9%.
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The insurer’s strong Q4 results might not read across to the rest of its peer group.
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Trends leading into 2025 may indicate workers’ comp releases have peaked.
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Executives have said that the carrier’s conservative reinsurance program made losses sustainable.
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The law takes effect January 1.
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A jury found the retailer defamed a former driver with false claims of workers’ compensation fraud.
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Through Q2 2024, the index is up 10% since 2020.
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Executives said the company continues to shrink its book of business in markets with poor underwriting conditions.
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Plaintiff Ionian has alleged a “fraudulent scheme” under the Rico laws.
