Report: Return on Net Worth for California Workers’ Comp Insurers Rose
A new report shows the average return on net worth for California workers’ compensation insurers rose to 9.9 percent in 2017, the fourth consecutive increase.
The report comes from the National Association of Commissioners and was summarized in an analysis issued earlier this month by the California Workers’ Compensation Institute.
The report ranks California in a tie with Arkansas at 18th out of the 45 states for which data were reported, according to CWCI.
The rate of return in 2016 was 8.7 percent. It was 7.9 percent in 2015, 5.8 percent in 2014 and it fell in 2013 to 3 percent.
The 10-year average return for California workers’ comp insurers was 6.3 percent, the report shows.