October 5, 2022
Policyholders receive portion of WCRA distribution
The Workers’ Compensation Reinsurance Association is distributing $35 million to policyholders who had Minnesota workers’ compensation policies in 2020.
Recipients whose share of the distribution exceeds $15 will receive a check from the association, according to the association’s FAQ page . Checks are being sent out over the course of this year.
The amount each policyholder receives is based on the amount of earned premium for the 2020 calendar year.
Insurers and self-insured employers are also receiving a distribution.
For more details on the distribution, see the Workers’ Compensation Reinsurance Association’s Policyholder FAQ page .