Tracy Ryan, Andrea Coleman, and Jeremy Attie closed AIS 2026 with a panel that made one case more clearly than any session in recent memory: workers’ comp is a federation, not a system. Senior Solutions Advisor Ryan Smith reads what the three-bureau dynamic means for carriers running across NCCI states, California, and New York.
NCCI’s 2025 State of the Line marked the twelfth consecutive year of underwriting gains for workers’ compensation, but the underlying math tightened. Combined ratios rose five points. Accident year crossed 100. Reserve redundancy slipped to $14 billion. Senior Solutions Advisor Ryan Smith reads what these shifts mean for 2026 planning.
Ryan Smith just got back from NCCI’s Annual Issues Symposium in Orlando. The twelfth straight year of underwriting profitability for workers’ compensation held. The rooms in Orlando sounded different about it. True’s Amy Sliger walks through five threads from AIS 2026 worth pulling on as carriers head into 2026.
Workers’ comp is a national industry with no national system. From California’s independent bureau to New York’s competitive pressures, state dynamics reveal what’s coming for the entire industry.
Every year, the NCCI State of the Line defines the conversation at the Annual Insights Symposium. Here’s what the 2026 numbers are likely to reveal about combined ratios, loss trends, and the financial health of the workers’ comp market.
Stay updated on the latest regulatory changes affecting workers’ compensation audits. Understand how these changes impact audit practices and compliance requirements.