Colorado Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $1.1B in premiums in Colorado and ran a 43.7% loss ratio — the 27th-highest of 51 states (a mid-range loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

Colorado loss ratio

43.7%

1.4% below national

Premiums earned

$1.1B

Underwriting profit

15.9%

Nationally, Workers' Compensation ran a 45.1% loss ratio in 2023, so Colorado is below the national average. See how every state compares on the Workers' Compensation market page.

Getting Workers' Compensation coverage in Colorado

See recent Colorado rate filings on the Colorado rate page, learn how Workers' Compensation works in our Workers' Compensation guide, then compare real quotes for your business.

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Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.