Positive Results for Workers Comp Market in 2020, Despite COVID-19
Overall claim severity and frequency decreased in 2020, according to a National Council on Compensation Insurance (NCCI) report.

Overall claim severity and frequency decreased in 2020, according to a National Council on Compensation Insurance (NCCI) report.
Clients have expressed concerns and complaints about their workers compensation insurers. Here is how independent agents can help.
The pandemic has reinforced the importance of workplace safety and the flexibility required of employers and employees.
While pandemic-related claims and losses were reported, the overall financial impact of the pandemic has been manageable for the workers comp market. But a number of trends continue to evolve and uncertainty remains.
Overexertion alone costs businesses $13.30 billion, according to the Liberty Mutual Workplace Safety Index.
Here’s the story of how it helped one workers compensation client achieve a goal of zero injuries.
With the coronavirus pandemic untethering many office workers from a central office location, some unexpected workers compensation issues have been created.
Foresight Risk and Insurance Services offers Foresight™ Workers Compensation to insure safety-critical businesses with a technology-first workers comp program.
After performing well over the past six years, the workers comp market is starting to feel the impact of COVID-19. Presenting options for clients in this market is critical in dealing with the long-term impact.
COVID-19 brings additional workplace safety concerns across all industries. Successful agents will partner with reputable carriers with strong underwriting, risk control and claims expertise to help businesses improve workplace safety.