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Residual Markets

General Session

Posted Date: March 16, 2026
Page Content
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Overview 
Training 
IntroductionResidual Market Training​
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General Sessions

Opening Remarks
Heidi Mangum, WCP ®, Plan Administration Manager, NCCI


An introduction to RMF 2026 previewing the program.

Opening Remarks (PDF)

 
The State of the Residual Market
Brian Mourer, CPCU, WCP®, Executive Director—Residual Markets, NCCI

Key Takeaways

  • Residual market premium and market share continue to decline
  • State depopulation programs are working
  • Hazard Group concentration creates potential volatility


An overview of the residual market operating results and other highlights regarding the state of the residual market.

The State of the Residual Market (PDF)

 

Assigned Carrier Forum Sessions

Plan Administration Updates
Brian Mourer, CPCU, WCP®, Executive Director—Residual Markets, NCCI


General updates from Plan Administration staff.

Plan Administration Updates (PDF)

 
Bid Process Discussion
Heidi Mangum, WCP®, Plan Administration Manager, NCCI


A discussion of what you need to know regarding the 2026 bid process.

Bid Process Discussion (PDF)

 
Reinsurance Updates
Crissy Parmer, ARe, WCP®, Director of Reinsurance, Pool Administration, NCCI


General updates from Pool Administration staff.

Reinsurance Updates (PDF)

 
Carrier Audit Services
Dawn Johnson, Director, Carrier Audit Services, NCCI


General updates from Carrier Audit staff.

Carrier Audit Services Update (PDF)

 
Behind the Binder: The Team, the System, and Our Processes
Tracy Skelton, CPCU, Senior Business Analyst, Assigned Risk, NCCI


Explore how NCCI analysts ensure accurate eligibility and uphold quality standards in residual market assignments, using expert review and data-driven processes.

Behind the Binder: The Team, the System, and Our Processes (PDF)

 
Residual Market Filings Update
Veruschka Zachtshinsky, CPCU, ARC, Senior WC Infrastructure Consultant, NCCI


An update on proposed residual market and other related multistate item filings for 2026.

Residual Market Filings Update (PDF)

 

General Sessions

Actuarial Perspective of the Residual Market
Mari Villata, Actuarial Consultant, NCCI
Samantha McLeod, FCAS, MAAA, Executive Director and Actuary, NCCI

Key Takeaways

  • CW frequency is decreasing offset by severity increases
  • The residual market is stable and self-funded

NCCI's Actuarial & Economic Services Division provided an analysis of residual market data, including any recent shifts and potential implications for the residual market.

Actuarial Perspective of the Residual Market (PDF)

 
Fast- vs. Slow-Emerging Large Claims
Yuchen Su, FCAS, MBA, CSPA, Actuary II, NCCI


This session dove into large claim trends in the residual market, where claims are categorized into two groups—fast-emerging and slow-emerging. Su provided a comparison of these trends with patterns observed in the voluntary market.

Fast- vs. Slow-Emerging Large Claims (PDF)

 
Driving Risk: Trends in Workers Compensation Motor Vehicle Accidents
Brett Foster, FCAS, MAAA, Practice Leader and Senior Actuary, NCCI


Traffic crashes often result in severe, complex injuries and are one of the leading causes of large losses in WC. Foster explored workers compensation trends in motor vehicle accidents, with a deeper look at industries like trucking that may impact the residual market.

Trends in Motor Vehicle Accidents (PDF)

 
State of the Economy and Its Impact on Workers Compensation
Stephen Cooper, Practice Leader and Senior Economist, NCCI


The dynamically changing workforce and evolving economy are top-of-mind for workers compensation executives. Cooper provided an in-depth perspective on recent economic developments and their impact on workers comp and the residual market, including a look into how these unfolding trends are influencing premium, frequency, and severity.

State of the Economy (PDF)

 
Adverse Weather, WC Claims, and the Residual Market
Patrick Coate, PhD, Senior Economist, NCCI


In this session, Coate explored how weather patterns can impact injury frequency, both overall and in most impacted industries like construction.

Adverse Weather, WC Claims, and the Residual Market (PDF)

 
Workplace Violence and Its Impact on Residual Market Sectors
Matt Schutz, ACAS, MAAA, Actuary I, NCCI


There has been a notable rise in workplace assaults even as overall aggravated assault rates remain steady. Schutz identified which sectors experience the highest incidence rates and demographic patterns and touches on workplace homicides in sectors like law enforcement.

Workplace Violence and Its Impact on Residual Market Sectors (PDF)

 
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