North Dakota Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $6.0M in premiums in North Dakota and ran a 72.8% loss ratio — the 1st-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.

North Dakota loss ratio

72.8%

27.7% above national

Premiums earned

$6.0M

Underwriting profit

-20.4%

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

Getting Workers' Compensation coverage in North Dakota

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

Compare North Dakota 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.