Pennsylvania Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $2.6B in premiums in Pennsylvania and ran a 42.3% loss ratio — the 32nd-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.

Pennsylvania loss ratio

42.3%

2.8% below national

Premiums earned

$2.6B

Underwriting profit

23.2%

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

Getting Workers' Compensation coverage in Pennsylvania

See recent Pennsylvania rate filings on the Pennsylvania 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.