SAN DIEGO -- The industry loss ratio for the 1998 accident year was 100 percent, according to the Workers' Compensation Insurance Rating Bureau.Dave Bellusci, chief actuary for the Bureau, says that loss ratio is well above the level necessary to meet all obligations workers' comp carriers have. Worse results may lie in wait, considering that pricing in 1999 was typically about 3 percent below 1998's levels."The 100% loss ratio is the highest we've seen since we began collecting accident year da
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