Biggest Workers’ Comp Carriers Nationally

Who are the major carriers workers’ comp market? Which groups wrote more business last year? The 2020 figures are in and you can get the results by clicking here. Initial results from the National Association of Insurance Commissioners show the same 25 carrier groups dominating the national workers’ comp market in 2020 as in 2019. … Read More »

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NAIC Top 25 Movers & Shakers

UPDATE: After Workers’ Comp Executive’s deadline the National Association of Insurance Commissioners updated its Top 25 list with new workers’ comp premium totals. The new data includes an additional $1 billion in premium for the AmTrust companies, which moves the group back into the Top 5 at number 4 (see updated chart). An AmTrust official … Read More »

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Top Workers’ Comp Stories of 2017

Every year, as January rolls around the staff at Workers’ Comp Executive takes a moment to reflect upon the year that passed. We review the stories that made headlines last year and select those for closer inspection that made an impact. Some were “one and done” type events, while others developed a life of their … Read More »

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NAIC Top 25 Report Details Changing Markets

Recent mergers and acquisitions in the workers’ compensation industry have several of the top workers’ comp carriers changing rank in the latest national market share report from the National Association of Insurance Commissioners, (NAIC). Travelers Group (NYSE: TRV) remains the largest writer of workers’ comp in the nation followed by Hartford Fire & Casualty Group … Read More »

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AIG Increases Reserves $1.8B For Workers’ Comp

American International Group (NYSE: AIG) took a $5.6 billion charge in the fourth quarter to strengthen its reserves across multiple lines of business, but workers’ compensation was by far the largest charge taken. The sprawling insurance company added $1.8 billion to its workers’ comp reserves primarily to address worse than expected losses on claims from … Read More »

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AIG Under Review Amid Reserve Charge

American International Group (NYSE: AIG) had its financial strength rating and outlook put under review by A.M. Best in the wake of a warning that the carrier will take another reserve charge for its workers’ comp and other long-tail lines. The size of the charge is not yet known but follows a $3.6 billion adjustment that … Read More »

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Market Share Report: Strong Growth For Certain Carriers

The ten carriers at the top of California’s work comp industry were unchanged between 2013 and 2014.  Within that top ten there were some very aggressive plays for market share including one carrier that boosted its written premiums by nearly 60%.  Many of the others either held pat or actually trimmed their writings as the … Read More »

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