Earlier this year, Dennis C. Mealy, FCAS, MAAA, chief actuary at the National Council on Compensation Insurance, Inc. presented his annual “state of the line” report on the workers’ compensation insurance industry in the U.S. for 2011. Mealy reported that the industry, “…because of its direct connection to employment and the labor markets, has been the property/casualty [insurance] line most significantly impacted by the Great Recession.” [August 2012, 378 word article]