Today’s issue of WorkCompRecap features the release of a new episode of A.M.BestTV for your viewing pleasure. In this episode, Best’s analysts note U.S. state workers’ compensation funds have benefited from better economic conditions and a hardening in recent years of the overall workers’ comp market. However, they may face challenges as pricing softens in some areas.
Analysts also noted that they expect the trend of privatization initiatives among competitive state funds seen over the last couple years to continue, noting motivating factors like improving competitive positions and reducing product and geographic concentration risks. A.M. Best analysts, W. Dolson Smith, senior financial analyst, and Connor Brach, associate analyst also discuss findings from the most recent A.M. Best state funds special report.
Find out more (including a link to the free video!) by clicking here!