Today’s issue of WorkCompRecap continues our visit to Fabulous Las Vegas for the National Workers’ Compensation & Disability Conference! Day one (and even Tuesday) hit the ground running, with productive meetings, lots of expo hall action, and some great events!
Featured in the news today is AM Best’s release of a report that found that the workers’ comp industry reported solid underwriting performance during 2014, bringing the streak of posting improved results to 4 consecutive years. Best did however note that the future of rate adequacy is uncertain, and that the industry posted a slight rate decrease in Q1 of 2015, as pricing for the most profitable accounts became more competitive.
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