Montana Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $308.9M in premiums in Montana and ran a 52.8% loss ratio — the 12th-highest of 51 states (one of the highest loss ratio for the line).

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

Montana loss ratio

52.8%

7.7% above national

Premiums earned

$308.9M

Underwriting profit

5.4%

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

Getting Workers' Compensation coverage in Montana

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

Compare Montana Workers' Compensation Quotes →

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