Due to continued interest in Large Losses, NCCI has developed a tool for analyzing the share of large claims among lost-time claims. Large claims are categorized into two groups—fast-emerging and slow-emerging—based on how quickly the reported loss amounts exceed the large loss threshold.
NCCI affiliate carriers with log-in credentials can access the new tool here:
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Fast- and Slow-Emerging Large Claims (Excel)
Key Insights
On an inflation-adjusted basis:
- Slow-emerging large claims have become a much smaller share relative to both lost-time claims and overall large claims.
- The share of fast-emerging large claims has been trending up at the $1 million and $2 million thresholds—most notably at $2 million.
Feedback and Questions
Questions or comments? Please reach out to
AES_Customer_Experience@ncci.com.