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Articles by Lori Julga
2025 Workers’ compensation statutory financial results
We are pleased to summarize key year-end 2025 financial results for U.S. workers’ compensation writers based on data available from S&P Global Market Intelligence. Milliman’s composite of workers’ compensation writers includes 40 companies or groups of companies, each with workers’ compensation direct written premium (DWP) of more than $280 million in 2025. This selected composite represents nearly 80% of the total workers’ compensation DWP volume for the industry in 2025.
The D&O Market in 2021 and Beyond: Milliman Actuaries Point to Rising Premiums and Improving Results
Succession planning should be at the heart of any reputable business or organization. It’s vital to put a plan in place to ensure that entity’s continuity over the long-term, and to avoid any shocks or sudden changes. But in the insurance captive industry, succession planning is more challenging than for most other fields. The Baby Boomer generation that started the industry in the 1980s is retiring and there aren’t enough new professionals coming into the industry to fill the void.
Improvements in Predictive Analytics Help With Early Identification of Workers Comp Reinsurance Claims
The early identification of claims likely to pierce reinsurance retention levels has long been a challenge for primary insurers and reinsurers. The good news is that over the past decade or so, the field of claim analytics has moved from performing forensic work on closed claims to analytics that can identify at 60 days from the date of injury (or sooner) claims with a high likelihood of exceeding a retention level.
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