Top 10 States For Workers Comp

Yesterday I recapped the top 25 WC insurers, per a recent A.M. Best news item. Today, from that same source, is the listing of the top 10 states in terms of Workers Comp insurance premium volume.

The top 10 states with  the most workers’ comp direct premiums written in 2012:

1. California ($9.00B; 18.8 percent)
2. New York ($4.75B; 9.9 percent)
3. Illinois ($2.60B; 5.4 percent)
4. Pennsylvania ($2.53B; 5.3 percent)
5. Texas ($2.45B; 5.1 percent)
6. Florida ($2.01B; 4.2 percent)
7. New Jersey ($1.93B; 4.0 percent)
8. Wisconsin ($1.73B; 3.6 percent)
9. North Carolina ($1.24B; 2.6 percent)
10. Georgia ($1.13B; 2.4 percent)

It's interesting to note that this ranking doesn't neatly track with state populations. For example, my home state of Illinois is number 5 in terms of population in 2012, but is number three in terms of total Workers Comp premium. Texas is number 2 in terms of population, but 5 in terms of WC premium.