The Latest Word On WC Residual Markets
Between 1999 and 2002, the workers compensation residual market reinsurance pools in the states serviced by the National Council on Compensation Insurance Inc. grew from $272 million to $1.2 billion in written premium.
Approximately 240,000 policies are now reinsured through these residual market pools for employers unable to obtain workers compensation insurance in the voluntary market.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
