The Source You Trust

Residual Market Management Summary 2025

Posted Date: Current

NCCI's Residual Market Management Summary 2025 (PDF) continues to be the best source for obtaining data about the workers compensation residual market plans and reinsurance pools that NCCI services.

Key Takeaways

Aided by effective depopulation programs, residual market premium volume for Calendar Year 2025 continued to decline and is projected to be $643 million for all pools serviced by NCCI.
The aggregate 2025 residual market premium market share of total workers compensation premium for all pools is projected at 5.0%. This remains at the lowest level in 14 years.
Operating results remain manageable, with Policy Year 2025 projected to produce an overall operating loss of $44 million in the aggregate, which equates to a combined ratio of 107%. However, many states continue to produce operating gains.
The newly established Oklahoma residual market mechanism with an effective date of June 1, 2024, saw significant increases in policies and premium throughout 2025. NCCI continues to provide education and assistance to agents and insureds regarding the requirements of the Workers Compensation Insurance Plan (WCIP) now in effect for the state of Oklahoma.

NCCI is committed to our partnership with all residual market stakeholders―including insurance carriers, regulatory agencies, and residual market administrators―in maintaining an effective residual market that is responsive to the needs of injured workers and employers.