The surplus was built on investment results, according to WCRA, which reported its recent investments have The surplus was built on investment results, according to WCRA, which reported its recent investments have "exceeded the expected long-term investment returns factored into our rates." Favorable inflation rates, a drop in claims frequency and legislative changes also played a role in building the surplus. (Credit: photo.ua/Shutterstock.com)

Minnesota's Workers' Compensation Reinsurance Association (WCRA) is preparing to distribute a $600 million surplus to licensed insurers and self-insurers of workers' comp (as of Dec. 2, 2021). Additionally, any employer that had a workers' comp policy in 2020 will also be eligible for a portion of the surplus, the association reported.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Workers' Comp