March 16, 2022
WCRA announces surplus redistribution, Minnesota insurers and policyholders to receive $600 million
The Minnesota Workers’ Compensation Reinsurance Association (WCRA) has announced a $600 million surplus distribution to its members and insurer policyholders. Approximately $383 million will go to workers’ compensation insurers, $182 million will be distributed to self-insurers, and $35 million will go to policyholders.
Details about the distribution process are available on a dedicated website set up by the WCRA .
About the WCRA
The WCRA is a quasi-public, nonprofit association that provides reinsurance for all insurance companies and self-insured employers licensed to provide workers’ compensation in Minnesota. To learn more about the organization, visit wcra.biz .
