Workers comp margins may evaporate by 2018: Moody's

Underwriting profit in the workers' compensation market is
likely to disappear next year amid increasing competition and rate
pressure that has pushed prices below loss cost trends, Moody's
Investors Service said in a report released today.
A rise in medical cost inflation would further aggravate the
situation for carriers, Moody's said, noting that industry
reserves are adequate but public health trends such as rising
obesity and diabetes rates as well as opioid abuse could drive
future reserve