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Workers Compensation Rates Could Start Rising in 2021, Says W.R. Berkley CEO

from Insurance Journal

Workers Compensation Rates Could Start Rising in 2021, Says W.R. Berkley CEO Insurance Journal For W.R. Berkley Corp. and most other workers’ compensation carriers, rates have declined for some time. That trend could start reversing itself starting in 2021, CEO W. Robert Berkley Jr. predicted recently. “I would not be surprised as we make our way into 2021 if you started to see a change in trend, and rates actually started to move up next year,” Berkley said during the company’s Q2 2020 conference call for analysts and investors. READ MORE

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