Texas Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $2.7B in premiums in Texas and ran a 35.0% loss ratio — the 43rd-highest of 51 states (one of the lowest loss ratio for the line).

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

Texas loss ratio

35.0%

10.1% below national

Premiums earned

$2.7B

Underwriting profit

16.1%

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

Getting Workers' Compensation coverage in Texas

See recent Texas rate filings on the Texas 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.