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Workers Compensation Assigned Risk Plans

Assigned Risk Plans Are the Market of Last Resort

What Is an Assigned Risk Plan?

  • Why Workers Comp May Be Hard to Get
  • Who Administers the Plan?

How Can You Get Coverage?

Pros and cons of assigned risk plans.

Suppose you try to purchase a workers compensation policy  in the standard market but no insurer will sell you a policy. This will create a dilemma since most states require employers to purchase workers compensation insurance. Fortunately, you'll have an alternative: You can secure coverage from your state's assigned risk plan .

Assigned risk plans are established by the states as a safety net for employers that are unable to obtain workers compensation coverage from "regular" insurers. They are the market of last resort for employers that would otherwise have no source of coverage. All states except monopolistic states have established a plan.   The law in each state determines how the plan is administered and financed. Assigned risk plans are also called the residual market.

The monopolistic states don't need assigned risk plans because all employers in those states are required to secure workers comp insurance from a government-operated fund.

States have created assigned risk plans so that all employers can obtain workers compensation insurance. The ultimate goal is to ensure that employees who are injured on the job will receive the benefits entitled to them by law.

Why Might Workers Comp Coverage be Hard to Obtain?

Here are some reasons why an employer may have difficulty obtaining workers compensation insurance from a standard insurer:

  • Poor loss history : If a business has sustained many small losses or a few large ones, underwriters may assume its management doesn't care about safety.
  • New business : A new company is difficult for an underwriter to assess because it has no track record.
  • Very small business : A very small company may not generate enough premium to compensate for the risk of claims.
  • Hazardous occupation : Many insurers are unwilling to provide workers compensation coverage to employers in risky occupations like logging, trucking, and roofing.

Who Administers the Assigned Risk Plan?

All states have designated an administrator that operates the plan and oversees the issuance of policies. In most states, the administrator is one of the following:  

  • The National Council on Compensation Insurance (NCCI)
  • The state competitive insurance fund
  • The state rating organization or another third party

The NCCI administers plans on behalf of 22 jurisdictions.   Each of these states requires all workers compensation insurers that operate within its borders to participate in the assigned risk plan. Insurers may either join a multi-state reinsurance pool or serve as a "direct assignment" carrier. When an insurer participates in a pooling arrangement, it may act as a servicing carrier (issuing policies and paying claims) or provide reinsurance to servicing carriers. If an insurer chooses the direct assignment option, it must agree to accept and retain all risks assigned by the NCCI. The direct assignment insurer pays all losses incurred by the assigned employers and is not reimbursed by reinsurance.

In 14 states, the assigned risk plan is administered by the state competitive fund. Examples are California, New York, and Montana. Most of the remaining states have designated their rating organization or an insurer as their plan administrator.  

If you or your insurance agent is unable to secure workers compensation coverage for your business in the standard market, you or your agent may submit an application to your state's assigned risk plan administrator. The application procedure varies by state. If the plan in your state is administered by the NCCI, you can apply online 24 hours a day or mail your application to the NCCI via the U.S. Postal Service.

If the plan in your state is administered by a state fund or rating organization, check the administrator's website for application instructions.

To obtain coverage in the residual market, you must have applied for coverage and been rejected by one or more insurers. The number of required rejections varies by state. For instance, employers in West Virginia can apply for coverage in the assigned risk plan only if they provide evidence of rejection by two insurers.  

The primary advantage of an assigned risk plan is that it provides coverage to employers that can't obtain insurance in the standard market. One major disadvantage is cost. Employers insured in the residual market generally pay higher rates than those insured in the voluntary market. Those whose experience modifier is greater than 1.0 may also be subject to a surcharge.   In addition, some states have eliminated the premium discount on assigned risk policies. An example is Massachusetts.   A premium discount is a credit applied when the premium exceeds a certain threshold.

Another drawback of assigned risk plans is that employers can't choose their insurer. Their policy is issued and managed by the plan administrator or servicing carrier. A third disadvantage is limited coverage. Policies issued in the residual market may not be as broad as those purchased from standard insurers. For instance, many policies afford no coverage for operations the employer undertakes in states other than the one where the policy was issued.  

Key Takeaways

  • Assigned risk plans serve employers that can't find workers comp coverage in the standard market.
  • Most plans are administered by the NCCI, a state insurance fund, or a state rating agency.
  • Policies purchased from an assigned risk plan are generally more expensive and provide less coverage than policies obtained in the standard market.

IRMI. " Assigned Risk Plans ." Accessed July 30, 2020.

IRMI. " Workers Compensation Residual Market ." Accessed July 29, 2020.

NCCI. " Insuring the Uninsurable. Workers Compensation Residual Market ." Accessed July 29, 2020.

NCCI. " Options for Submitting Assigned Risk Applications Online ." Accessed July 29, 2020.

State of West Virginia, Offices of the Insurance Commissioner. " Workers’ Compensation Assigned Risk Plan ," Page 2. Accessed July 29, 2020.

NCCI. " Assigned Risk Adjustment Program ." Accessed July 30, 2020.

The Workers Compensation Rating and Inspection Bureau of Massachusetts. " Premium Discount ." Accessed July 31, 2020.

NCCI. " Producers' Guide to Understanding NCCI's Residual Market Limited Other States Insurance Endorsement ." Accessed July 30, 2020.

  • Phone 573.489.8323
  • Email: [email protected]

WCC | Workers Compensation Consultants

"we correct premium errors for all employers".

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  • - Who We Are
  • - Who We Help
  • - How We Fix Errors
  • - About Our Owner
  • - Consulting Service
  • - Workers Comp Code Review
  • - Work Comp Audit Review
  • - Audit Dispute Resolution
  • - Experience Mod Review
  • - Experience Mod Projections
  • - Expert Witness Litigation Support
  • - Express Class Code Review
  • - Speaker Services
  • - How to Get Started
  • - Being Overcharged?
  • - Top Ten Audit Mistakes
  • - Prepare For An Audit
  • - Dispute A Work Comp Audit
  • - Work Comp Terms/Glossary
  • - State Work Comp Laws
  • - Monopolistic States
  • - Express Code Review
  • - Workers Comp Codes
  • - Verify A Work Comp Code
  • - Correct A Code Problem

Louisiana Workers Compensation Laws

Workers compensation law, rules and policy information for louisiana.

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Related Pages: For More About Louisiana Rules

State: Louisiana

Updated: Rating Payroll 06-27–2023

Authority/State Rating Bureau: NCCI

National Council on Compensation Insurance (NCCI) 901 Peninsula Corporate Circle Boca Raton, FL 33487-1362 800-622-4123

Compulsory: Yes

Private Insurance: Allowed

Self-Insurance: Allowed

State Fund: There is no state fund

Assigned Risk: Louisiana Workers Compensation Corporation, a competitive fund, contact at: http://www.lwcc.com/

Assigned Risk Contact Information: Louisiana Workers Compensation Corporation ; Louisiana Assigned Risk Plan, Pool or Residual Market is administered by Louisiana Workers Compensation Corporation

Numerical Exceptions: None. See special notes for exemptions.

Individual Waivers Allowed: Yes

Small Deductible Program Details: Allowed: No Deductible Range: NA Type: NA Effect on Experience Rating: NA Available In: NA For More Information About Small Deductible Plans and How They Work

Sole Proprietor: Included/may elect to be excluded. If included the rating payroll used is $40,100 per year as of 5-1-2011, $41,000 as of 5-1-2012, $42,000 as of 5-1-2013, $43,000 as of 5-1-14, $43,700 as of 5-1-15. $45,600 as of 5-1-17. $45,200 as of 5-1-2018. $46,100 as of 5-1-2019. $47,700 as of 5-1-2020. $48,900 as of 5-1-2021. $51,500 as of 1-1-2022. $53,400 as of 1-1-2023.

Partners: Included /may elect to be excluded. If included the rating payroll used is $40,100 per year as of 5-1-2011, $41,000 as of 5-1-2012, $42,000 as of 5-1-2013, $43,000 as of 5-1-2014, $43,700 as of 5-1-15. $45,600 as of 5-1-17. $45,200 as of 5-1-2018. $46,100 as of 5-1-2019. $47,700 as of 5-1-2020. $48,900 as of 5-1-2021. $51,500 as of 1-1-2022. $53,400 as of 1-1-2023.

Corporate Officers: Included in coverage/may elect to be exempt. If included the minimum weekly payroll used for rating is $750 and the maximum is $2,300 as of 5-1-2011, $800 / $2,400 as of 5-1-2012, $850 / $2,500 as of 5-1-2014, $850 / $2,500 as of 5-1-2015. $900 / $2,600 as of 5-1-2017. $850 / $2,600 as of 5-1-2018. $900 / $2,700 as of 5-1-2019. $900 / $2,800 as of 5-1-2020. $950 / $2,800 as of 5-1-2021. $1,000/$3,000 as of 1-1-2022. $1,050/$3,100 as of 1-1-2023.

LLC Members: Included in coverage/may elect to be exempt if member owns 10% or more interest in company. Corporation status. Treated as Corporate Officer. If included the minimum weekly payroll used for rating is $750 and the maximum is $2,300 as of 5-1-2011, $800 / $2,400 as of 5-1-2012, $850 / $2,500 as of 5-1-2014, $850 / $2,500 as of 5-1-2015. $900 / $2,600 as of 5-1-2017. $850 / $2,600 as of 5-1-2018. $900 / $2,700 as of 5-1-2019. $900 / $2,800 as of 5-1-2020. $950 / $2,800 as of 5-1-2021. $1,000/$3,000 as of 1-1-2022. $1,050/$3,100 as of 1-1-2023.

Election or Rejection of Coverage Form:   A Louisiana Election – Rejection Form is not readily available on their state website however this link will take you to the Louisiana Workforce Commission page with a listing of available workers compensation forms: Louisiana Workers Compensation Forms Directory

Special Notes: There are some exemptions from carrying workers’ compensation. Below is a list of whom are exempt from workers’ compensation insurance in Louisiana.

  • Any employee of a private residential householder or of a private unincorporated farm
  • Musicians and performers who are rendering services related to a performance contract
  • Employees covered by the Federal Employer’s Liability Act, the Longshoremen’s and Harbor Workers’ Compensation Act and the Jones Act
  • Any employer acting as a common carrier while engaged in interstate or foreign trade by railroad
  • The crews of any airplane working in dusting or spraying operations
  • Uncompensated officers and members of boards of directors of select nonprofit organizations
  • All real estate brokers or sales agents licensed to do business in the State of Louisiana
  • Any person performing services relating to the exploration, development, production, or transportation of minerals

In certain cases an employee who qualifies under these exemptions may seek tort recovery for injuries stemming from such labor, work, or services from any insurance policy that a homeowner or employer may have which provides coverage to persons injured on their premises.

Experience Rating Eligibility: Louisiana employers will receive an experience modification rate or EMR when they meet one of these triggers:

  • $10,000 in policy premium is generated during the last year or last two years.
  • $5,000 is the average policy premium generated for more than two years.

Louisiana Workers Compensation Subrogation: Louisiana State Statute 23:1101 provides you with information on subrogation of workers compensation for the State of Louisiana. 23:1101 is titled “Employee and employer suits against third persons; effect on right to compensation.” Follow the link below and it will take you directly to this Louisiana statute for viewing.

Louisiana Statute On Subrogation

Treatment of Louisiana Workers Working In Other States; Other States Workers Working In Louisiana, Extraterritorial, Reciprocity and Non-Compliance:   If Louisiana workers are working temporarily in another state, then workers compensation coverage for that worker is governed by the extraterritorial provisions found in Louisiana statutes. When allowed, extraterritorial provisions allow benefits for an injured worker to apply as if the worker was in their primary state. Not all states provide Extraterritorial Provisions. It’s reciprocity that governs coverage for a worker from another state who is working temporarily in Louisiana. Louisiana will accept converage from other jurisdictions if the employee is working temporarily however while the temporary worker may file a claim under Louisiana coverage, the extraterritorial provisions of the employer from another state will cause the Louisiana claim to be dismissed. A credit applies for benefits paid under another states workers comp laws. Compliance of workers compensation laws varies from state to state and it is important for an employer with workers performing duties in other states to be aware of the specific state rules that govern their coverage. We’ve provided the below general information about extraterritorial and reciprocity as a basic guide. Please contact your state authority with your specific questions concerning this topic!

  • Provisions: Yes
  • Duration: A limit of 6 months applies but may be extended.
  • Allowed: Yes
  • Specific Statute or Reference: Louisiana 23.1035.1
  • For More Information Contact: Louisiana Workforce Commission Department of Workers Compensation as shown below.

Office of Workers’ Compensation Administration P.O. Box 94040 Baton Rouge, LA 70804-9040 Phone 225-342-7555 Fax 225-342-5665 http://www.laworks.net/wrk_owca.asp

Workers compensation statute can be found here:

Workers Comp Statutes for Louisiana

________________________________ Didn’t find what you’re looking for? Use the site search or just drop us an email to find out more about Louisiana workers compensation laws and rules or our website, blog and services. ________________________________ Information on this page is provided only as a reference. While we strive to mantain accurate information on this site please realize workers compensation laws are complicated and subject to change at any time. No warranty as to the accuracy or completeness of this information is provided or to be implied. You must verify this data before use with the individual governing authority for this state. If you need help with a workers compensation problem or have a specific situation or question please contact our office. Otherwise please consult your states governing authority or an attorney in your state of residency for assistance.

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  • Government & Policy

Assigned Risk: What It Is, How It Works

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia.

assigned risk workers compensation louisiana

What Is Assigned Risk?

Assigned risk is when an insurance company is required, by state insurance law, to provide coverage for risk that may not find coverage in the general insurance marketplace. In order to compensate insurers for the potential losses associated with such mandated coverage, insurers will often pool funds and share the assigned risk.

Common examples include mandating that all drivers obtain car insurance or requiring businesses to purchase workers' compensation insurance.

Key Takeaways

  • Assigned risk is when the law mandates that an insurance company offer certain coverages.
  • In such cases, regulators will require insurance companies to pool together and accept the assigned risk, even if the insurers individually don’t want to provide a commercial policy.
  • Assigned risk allows the state to protect drivers who are able to purchase commercial policies and who may be involved in an accident with a risky driver.

Understanding Assigned Risk

In most cases, insurance companies choose who they underwrite insurance policies for, and this choice to insure is based on the risk profile of the individual or business applying for coverage. These considerations include the likelihood that a claim that results in a loss for the insurance company. The insurer will thus price the cost of the policy it underwrites according to the potential severity of any losses. If a potential insured is deemed too risky, the insurer may not underwrite a new policy.

State insurance regulators recognize that insurers only want to underwrite policies that will be profitable, but also recognize that it is in the interest of the government that coverage is extended to groups that need protection but may not be able to obtain it in the general insurance market. To do this the regulator will require insurance companies that provide a particular line of insurance, such as workers’ compensation or automotive insurance, to participate in a state-sponsored plan that provides coverage.

Example: Motorist Coverage

For example, drivers are required to carry insurance with them in order to legally operate an automobile. This insurance is designed to cover claims made against the driver. In most cases, the driver’s record is in good shape, and insurers are likely to provide coverage.

Some drivers, however, have poor driving records and may not be able to obtain coverage because they present too much of a risk . Insurance regulators will require insurance companies to pool together and accept the assigned risk, even if the insurers don’t want to provide a commercial policy . This allows the state to protect drivers who are able to purchase commercial policies and who may be involved in an accident with a risky driver.

"In some cases, you can apply to an automobile insurance plan or assigned risk plan by directly contacting your state's Department of Insurance," according to the website DMV.org, a private, non-governmental website:

Some states require that you apply to several car insurance companies before you apply for the state's car insurance plan. If each provider has denied you car insurance coverage, you'll be accepted into the plan. Typically, your signature on the application is enough to acknowledge that you have fulfilled this requirement.

assigned risk workers compensation louisiana

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2014 Louisiana Laws Revised Statutes TITLE 23 - Labor and Worker's Compensation RS 23:1401 - Discontinuation of Louisiana Workers' Compensation Assigned Risk Plan

§1401. Discontinuation of Louisiana Workers' Compensation Assigned Risk Plan

A. The Louisiana Workers' Compensation Assigned Risk Plan, as authorized by R.S. 22:1475(A), is discontinued effective September 30, 1992, except for dissolution of any obligations for claims occurring prior to the termination of any policies written pursuant to the Louisiana Workers' Compensation Assigned Risk Plan.

B. Notwithstanding any other provision of law, the corporation shall be self-funding and cover corporation losses and expenses. The sole source of continual funding of the corporation shall be its policyholders and contractual services fees, except as provided in R.S. 23:1397 and 1399(A)(5). There shall be no requirement for any insurer to capitalize the corporation. There shall be no assessments or other liability imposed on any insurer for any deficit of the corporation.

C. It is the intent of this Part to provide for an orderly transfer of policies from the Louisiana Workers' Compensation Assigned Risk Plan as authorized by R.S. 22:1475(A) to the corporation as defined herein. The activities of the Louisiana Workers' Compensation Assigned Risk Plan are hereby discontinued as follows:

(1) The Louisiana Workers' Compensation Assigned Risk Plan will continue its operation for all policies with inception dates of or before September 30, 1992. All policies written thereunder shall be for one-year terms, and shall not be terminated prior to expiration except for cause. In no case shall policies with inception dates of October 1, 1992, or later, be provided under the Louisiana Workers' Compensation Assigned Risk Plan.

(2) Commencing October 1, 1992, the corporation fund shall offer policies for preferred and accepted risks.

Acts 1991, No. 814, §1; eff. Nov. 20, 1991; Acts 2008, No. 415, §2, eff. Jan. 1, 2009.

Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

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IMAGES

  1. Louisiana Workers Compensation and Benefits Guidelines

    assigned risk workers compensation louisiana

  2. How to Understand Workers Comp Codes in Louisiana

    assigned risk workers compensation louisiana

  3. Workers’ Compensation Laws in Louisiana

    assigned risk workers compensation louisiana

  4. Workers' Compensation Laws in Louisiana

    assigned risk workers compensation louisiana

  5. How Much is the Maximum and Minimum Worker’s Compensation Rate in

    assigned risk workers compensation louisiana

  6. Louisiana Workers' Compensation Law & Regulations

    assigned risk workers compensation louisiana

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  2. Would You Take This Job For $25,000 A Month?

  3. LASD Responding Code 3 (Opposite lanes)

COMMENTS

  1. Assigned Risk Plans

    This is a list of links to state workers compensation assigned risk plans and pools. Alabama—NCCI Holdings, Inc. Alaska—NCCI Holdings, Inc. Arizona—NCCI Holdings, Inc. Arkansas—NCCI Holdings, Inc. California—State Compensation Insurance Fund. Colorado—Pinnacol Assurance. Connecticut—NCCI Holdings, Inc.

  2. LWCC

    Since our beginning, LWCC has been committed to improving Louisiana. Our work stabilized Louisiana workers' comp insurance and created a competitive market. Over 30 years later, we have provided more than stability. We exist today to help Louisiana thrive, as both a stable workers' comp provider and as a Champion of Louisiana.

  3. Assigned Risk Complete List

    The purpose of the assigned risk mandatory Loss Sensitive Rating Plan (LSRP) is to provide a retrospective rating plan for those employers who have an assigned risk workers compensation insurance premium of $250,000 or more. Posted Date: Current. Tips for Completing Assigned Risk Applications.

  4. Assigned Risk Solutions

    Assigned Risk Solutions provides superior coverage to businesses who need it, even those not accepted in the voluntary market, including high risk insurance policies. ... or name. Use Quick Search to return providers who conduct initial treatment of workers' compensation injuries. Did You Know? locations supported by more than 1,200 agents ...

  5. Workers Compensation Assigned Risk Plans

    Assigned risk plans serve employers that can't find workers comp coverage in the standard market. Most plans are administered by the NCCI, a state insurance fund, or a state rating agency. Policies purchased from an assigned risk plan are generally more expensive and provide less coverage than policies obtained in the standard market.

  6. Workers Compensation Assigned Risk Services

    Travelers is a leading assigned risk workers compensation servicing carrier and the largest1 writer of workers compensation insurance in the United States. Workers compensation coverage is required by law in most states. For employers who are unable to obtain coverage through the voluntary market, most states offer an assigned risk option.

  7. Louisiana Revised Statutes § 23:23:1401

    The Louisiana Workers' Compensation Assigned Risk Plan, as authorized by R.S. 22:1475(A), is discontinued effective September 30, 1992, except for dissolution of any obligations for claims occurring prior to the termination of any policies written pursuant to the Louisiana Workers' Compensation Assigned Risk Plan.

  8. Insuring the Uninsurable

    The residual market, also known as the assigned risk market, is something of a safety net for employers and employees alike. Each state's residual market is managed by either a State Fund, Joint Underwriting Association, Assigned Risk Reinsurance Plan, NCCI's Workers Compensation Insurance Plan (WCIP or Plan), or an alternative mechanism ...

  9. Assigned Risk

    Assigned risk workers' compensation is designed to ensure that coverage is available to anyone who requires it, even those risks who are not accepted in the voluntary, or standard, market. Some employers may be considered high risk and are limited to the assigned risk business insurance market for reasons such as: Assigned Risk Solutions ...

  10. Louisiana Revised Statutes Title 23 (2022)

    PART V. LOUISIANA WORKERS' COMPENSATION. SECOND INJURY FUND §23:1371. Purpose and intent §23:1371.1. Definitions §23:1371.2. Repealed by Acts 2013, No. 314, §1. ... Discontinuation of Louisiana Workers' Compensation Assigned Risk Plan §23:1403. Policy programs §23:1404. Allocation of surplus; full faith and credit; exemptions; sunset §23 ...

  11. Labor and worker's compensation :: 2011 Louisiana Laws

    RS 23:1400 — Policy applications; risk classification; RS 23:1401 — Discontinuation of louisiana workers' compensation assigned risk plan; RS 23:1403 — Policy programs; RS 23:1404 — Allocation of surplus; full faith and credit; exemptions; sunset; RS 23:1404.1 — State reporting; RS 23:1405 — Corporation investments

  12. Louisiana Workers Compensation Insurance

    The average workers comp rate in Louisiana is 17 cents per every $100 in payroll for the lowest risk employees and $15.93 per every $100 in payroll for the highest risk employees, according to Cerity.

  13. Louisiana Assigned Risk Pool Rates to Drop in 95

    BATON ROUGE - The workers' comp insurance market is looking rosier in Louisiana by the day. Commercial carriers are beginning to return to the state, and the assigned risk insurer is holding the line on rates.The Louisiana Workers' compensation Corporation, a private nonprofit carrier serving the assigned risk business, expects to hold rates at current levels for the 32,000 employers it ...

  14. Assigned risk

    The assigned risk market, also known as the residual market, provides workers compensation coverage to businesses that are unable to obtain coverage from the traditional, or voluntary, market. Utility Menu. Personal Insurance; ... Underwriters who know the assigned risk market across any number of industries, then dig in to understand case-by ...

  15. Who We Serve

    Assigned Risk Solutions provides workers' compensation coverage to small- to mid-size businesses. As a servicing carrier for the Assigned Risk Plan, we serve a variety of clients. We collaborate with each state's bureau, plan administrators and regulators to achieve a healthy workers' compensation industry that is self-sufficient ...

  16. Louisiana Laws

    A. The Louisiana Workers' Compensation Assigned Risk Plan, as authorized by R.S. 22:1475 (A), is discontinued effective September 30, 1992, except for dissolution of any obligations for claims occurring prior to the termination of any policies written pursuant to the Louisiana Workers' Compensation Assigned Risk Plan. B. Notwithstanding any ...

  17. Louisiana Workers Compensation Laws

    For More Information Contact: Louisiana Workforce Commission Department of Workers Compensation as shown below. Regulated By: Office of Workers' Compensation Administration. Office of Workers' Compensation Administration. P.O. Box 94040. Baton Rouge, LA 70804-9040. Phone 225-342-7555 Fax 225-342-5665.

  18. Workers' Comp Insurance in Louisiana

    Louisiana workers' compensation is a no-fault system designed to cover injured workers with employer-paid benefits. The system limits employer exposure to civil lawsuits; it immediately pays medical costs and provides financial benefits for injury or illness arising out of employment. ... It is also the administrator for the assigned risk ...

  19. Assigned Risk: What It Is, How It Works

    Assigned Risk: A risk that an insurance company is required to provide coverage for by state insurance law. An assigned risk is typically a risk that may be difficult to find coverage for in the ...

  20. RS 23:1401

    The Louisiana Workers' Compensation Assigned Risk Plan, as authorized by R.S. 22:1475(A), is discontinued effective September 30, 1992, except for dissolution of any obligations for claims occurring prior to the termination of any policies written pursuant to the Louisiana Workers' Compensation Assigned Risk Plan.

  21. National Council on Compensation Insurance (NCCI)

    The National Council on Compensation Insurance is the nation's most experienced provider of workers compensation information, tools, and services. NCCI is the source you trust for workers compensation information. ... Look Up a Class Code or Rate Access Data Reporting Resources Access Circulars Access Manuals Submit an Assigned Risk Application ...

  22. What is Workers' Compensation Insurance?

    Workers' compensation insurance is a specific type of business insurance that helps business owners provide wages and medical benefits to employees who have been injured on the job. In most states, workers' compensation is required by law. The origins of workers' compensation date back to the 18th century, when pirates ruled the oceans ...

  23. Assigned Risk Plans

    Workers' compensation regulations are regulated by each individual state. A few federal statutes exist, but these are reserved only for employees who fall under federal employment. A workers' compensation insurance policy that falls into the "assigned risk" category may look just like any other workers' compensation insurance plan.