NCCI's Residual Market Management Summary 2020 (PDF) is the best source for obtaining facts and figures about the workers compensation residual market plans and reinsurance pools that we service.
The COVID‐19 pandemic created a lot of uncertainty and unanticipated disruption in business operations and the economy in 2020. However, the residual market was resilient and responsive to all challenges, remaining stable and manageable, with COVID claims appearing to have limited direct impact on residual market losses and operating results. In fact, the ultimate Policy Year (PY) 2020 combined ratio is projected to be virtually unchanged from the two prior policy years, and both premium volume and market share decreased for the sixth consecutive year.
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