Market Set for 85-83% Combined Ratio in 2025

The latest data from NCCI indicates the U.S. private workers’ compensation market is set for another strong year in 2025, with sustained underwriting gains and premium volume.
Updates to the group’s State of the Line Report, through the end of Q2, show that is reasonable to expect that the 2025 year-end net combined ratio will be similar to that of 2024 and likely range from 85% to 93%.
This would result in 12 years of WC calendar year combined ratios under 100%, the group said.
“Overall, the workers compensation industry continues to exhibit signs of strong performance in CY 2025,” according to the Oct. 8 announcement.
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The New York State Workers’ Compensation Board has appointmented Quinn Rapp-Ellis as General Counsel, effective immediately.
She previously worked within the Board’s Office of General Counsel (OGC) for more than six years, before joining the Executive Chamber in 2022 as Assistant Secretary for Labor and Workforce.
Her recent work include legislative changes to improve injured workers’ access to care as part the state’s FY 2026 Enacted Budget.
She replaces Keith Longden, who has served as Acting General Counsel for the past six months.
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Trucker Path has launched Trucker Path Insurance, a new retail insurance agency division focused on the trucking industry.
The agency aims to connect owner-operators and fleets with commercial insurance products from a range of carriers, managing general agents, and wholesalers.
Trucker Path noted that the model is designed to link insurance markets with drivers who are already using the app’s safety features. These features include truck-specific routing, hazard warnings, sharp turn alerts, and updates on road closures and lane restrictions.
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