Pennsylvania Workers' Compensation

Claims Manager, Bureau of Special Funds – Laura Keller
Assessment Recoupment Provision
Assessment History
	Authorized but not Called - Not Available
	Last Assessment - 2001
	Maximum Assessment - 1%
	Assessments Authorized for 2003 - Unknown
Accounts
	Workers Compensation:
		Lines included - 16 and excess in 31
		2002 Premium in Account - $ 2,084,021,325

Assessment Procedures

The PA Workers' Compensation Security Fund assesses all companies licensed to write WC in Pennsylvania 1% of their net written premiums. 
 
Under Section 5 of the Workers' Compensation Security Fund Act, the Commissioner shall impose an assessment equal to 1% of each insurer's net written premiums if the WCSF Balance minus the WCSF Loss Reserve is less than 5% of the Insurer's Loss Reserve. 

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