What Is The Assigned Risk Market (Also Referred To The "Alternative Residual Market") And Why Do I Have To Be In It?

The assigned risk market is a mechanism that has been set up to ensure that employers can obtain workers' compensation coverage if they are in good faith entitled to workers' compensation coverage, but cannot secure such coverage through ordinary means. Many employers are in this market because they are engaged in an inherently risky industry, have bad loss experience, are to small and/or are just starting a new business

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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