NCCI's Issues Report 2005

Message from Stephen J. Klingel
President and CEO
NCCI Holdings, Inc.

NCCI once again presents our workers compensation Issues Report —offering our affiliates and other market stakeholders a detailed outlook, analysis, and perspective on the critical issues facing the workers compensation industry today.

In this edition of Issues Report , we examine key topics in the workers compensation world and offer exclusive and enlightening information from both NCCI experts and other recognized industry professionals targeted to industry insiders.

This year, we’ve assembled articles from a dynamic group of industry leaders that present a comprehensive view of issues facing the workers compensation marketplace today. You’ll read about:

• The status and industry ramifications of the Terrorism Risk Insurance Act of 2002 (TRIA) and the prospects for extending the act in 2005
• A California Workers Compensation Institute (CWCI) update on the recently enacted workers compensation reform effort in California
• An examination and update of fraud practices and prevention efforts in the industry from the Coalition Against Insurance Fraud (CAIF)
• And a preview of NCCI’s own fresh industry research—a new effort starting in January, 2005, to provide cutting-edge industry research to all market participants

We hope you find all the information both useful and informative. For additional updates and industry intelligence throughout the year, please visit ncci.com for the latest research on changing market dynamics.

Stephen J. Klingel
President and CEO
NCCI Holdings, Inc.

Issues Report is produced by the National Council on Compensation Insurance, Inc. (NCCI), 901 Peninsula Corporate Circle, Boca Raton, Florida 33487.

Issues Report provides a forum for the expression of various opinions on subjects relating to workers compensation insurance. The opinions expressed in the articles are the opinions of the authors and do not necessarily express the views of the National Council on Compensation Insurance, Inc. Materials contained in Issues Report are subject to copyright claims and other proprietary rights. Material may be used for research or other noncommercial purposes. We ask that you observe the following conditions:

• Cite individual author and Issues Report when using the materials
• Do not abridge or edit material in any way that may alter the authors intentions

Any commercial use of these materials requires explicit, prior authorization from NCCI.