State Fund Remains California’s Largest Workers’ Comp Carrier

The 2020 California workers’ comp market share totals are in, and the State Compensation Insurance Fund remains the largest writer of workers’ comp coverage. However, there is a new member among the top 10 largest workers’ comp carriers. The new member is Arizona’s CopperPoint Group. Copperpoint bucked the general trend of lower workers’ comp writings … Read More »

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Biggest Workers’ Comp Carriers Nationally

Who are the major carriers workers’ comp market? Which groups wrote more business last year? The 2020 figures are in and you can get the results by clicking here. Initial results from the National Association of Insurance Commissioners show the same 25 carrier groups dominating the national workers’ comp market in 2020 as in 2019. … Read More »

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State Fund is Number One Again

The 2019 market share totals are telling. While the ten largest groups writing workers’ comp coverage in California are unchanged from 2018, there is significant movement among the players starting from the top on down. Berkshire Hathaway Group (NYSE: BRK.A) relinquished the crown it claimed from the State Compensation Insurance Fund in 2017 as the … Read More »

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NAIC’s Top 25 Workers’ Comp Carriers

Initial results from the National Association of Insurance Commissioners show that the Travelers Group (NYSE: TRV) and Hartford Fire & Casualty Group (NYSE: HIG) remained the most prominent players in the workers’ comp market nationwide. Still, the 2019 totals show significant movement among other carriers in the top 10 (see chart). Overall, however, the list … Read More »

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Claims Adjusters Cited

The Division of Workers’ Compensation has a new report out on the performance of workers’ comp claims adjusters, and the results show a sharp regression in the adjusters’ performance. The results from audits performed in 2018 show that over one in ten injured workers were illegally denied at least some of their workers’ comp indemnity … Read More »

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NAIC’s Top 25 Workers’ Comp Carriers Steady In 2018

The Travelers Group (NYSE: TRV) and Hartford Fire & Casualty Group (NYSE: HIG) are still the largest writers of workers’ comp insurance in the nation, according to a first peek of the National Association of Insurance Commissioners annual market share report. Behind these two groups, however, there was significant jockeying for position among the other … Read More »

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Shake Up In Excess Workers’ Comp Markets

Safety National Casualty Corp. remained the major player in California’s excess workers’ comp market last year with just under $90 million in written premium, but behind it the market was turned upside down. AmTrust tumbled ten places in the annual rankings as over $50 million in excess premium moved to other carriers amid the company’s … Read More »

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Excess Workers’ Comp Market Grows

California’s excess workers’ comp insurance industry grew by more than 10% last year as written premium climbed past $240 million, according to the latest reports from the California Department of Insurance. The expansion follows a 6% increase in 2014 and experts say the continued growth is being driven primarily by payroll expansion on both the … Read More »

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