Missouri Workers’ Comp Profits Figured at 25.5%

ST JOSEPH -- Workers' comp insurance is one of the most profitable lines of coverage in the Show Me state, accounting for 25.5 percent of the industry's profits in Missouri. Medical malpractice is the leader with profits of 42.6 percent.Based on data provided by the National Association of Insurance Commissioners, insurance, in general, is more profitable for the industry in Missouri than in the nation as a whole.The state's workers' comp profits were above national levels in 1997 by 1.3 percen