Article ID: c0190c59347f299d193635c74eb7b9058c548b3fd42b414dd53abc9d2847bf54
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Hiring rebound could lift comp premium, injury frequency: NCCI - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Hiring rebound could lift comp premium, injury frequency: NCCI by Louise Esola Workers Comp Coverage , Workplace Safety Jul 15, 2026 A rebound in hiring could increase workers compensation premium while putting upward pressure on injury frequency as employers add less-experienced workers, the National Council on Compensation Insurance said in a report released Wednesday. The organization’s “State of the Economy” report said employment gains have expanded beyond health care into construction, manufacturing and transportation. The report’s chart shows employers added an average of about 92,000 jobs a month during the first half of 2026, compared with an average of 10,000 a month in 2025. More employment, combined with continued wage growth, is boosting payroll, which has corresponding implications for workers comp premium, NCCI said. At the same time, increased hiring could lead to more workplace injuries because newly hired employees tend to have less experience. The latest federal data by the Bureau of Labor Statistics shows average hourly earnings increased 3.5% over the year through June. Employers added 57,000 jobs in June, with the strongest gains in professional and business services, social assistance and health care. Construction, manufacturing and transportation and warehousing employment changed little during the month. NCCI said energy prices had pushed overall inflation above 4% but that the increase had likely peaked. That forecast was supported by Consumer Price Index data released Tuesday showing that annual inflation eased to 3.5% in June from 4.2% in May. Medical inflation, which is more directly relevant to workers comp claim costs, remained below overall inflation. Medical care prices increased 2% over the year through June, while prescription drug prices declined 0.1% during the month and 2.5% over the year. NCCI said the recent decline in drug prices has eased concerns that tariffs could raise pharmaceutical costs. The report also said stronger hiring and persistent inflation have shifted Federal Reserve policymakers’ expectations toward higher interest rates compared with their projections in March. Because workers compensation is a long-tail line, interest rates can affect the present value of insurers’ long-term liabilities and their investment results, NCCI said. 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