Workers Comp Execs Identify Major Concerns.

• Date: 10 January 2022

As it has annually for nearly two decades, NCCI recently surveyed more than 100 workers compensation insurance executives to hear what topics are top of mind for the industry. The results are not surprising, but the list of top concerns contains a multitude of interconnected complexities, particularly as it relates to the topics of:

* Rate Adequacy COVID I mpacts

* Shifting Workforce/Workplace

* Rising Medical Costs

When you overlay the added considerations of very broad topics, such as regulatory activity and the economic outlook, it's easy to see why these executives have a lot to consider when guiding their organizations into 2022 and beyond.

Top Concerns

RATE ADEQUACY

Carriers are focused on ongoing loss cost decreases, driven primarily by declining frequency across all areas and...