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State-Sponsored Workers Compensation Reinsurance Organizations

Nonprofit OrganizationsState-Sponsored Workers Compensation Reinsurance Organizations

State-Sponsored Workers Compensation Reinsurance Organizations organizations account for 17 organizations in the United States. In aggregate, these organizations generate $348m in revenue and employ 308.0 individuals.

17

Active Organizations

$347.6 Million

Annual Revenue

308

Employees in Sector

$2.6 Billion

Controlled Assets

Explore Nonprofits in the State-Sponsored Workers Compensation Reinsurance Organizations Sector

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Chesapeake Employers Insurance Comp Any

Towson, MD

Assets: $3b

Revenue: $337m

MISSION:

CHESAPEAKE EMPLOYERS' INSURANCE COMPANY WAS ESTABLISHED BY STATUTE TO BE THE WORKERS' COMPENSATION INSURER OF LAST RESORT AS WELL AS A COMPETITIVE INSURER IN THE STATE OF MARYLAND.

Northwest Airlines Section 1114 Veba Trust

Pueblo, CO

Assets: $14m

Revenue: $465k

MISSION:

TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.

Genesis Health System Workers Compensation Pl & Tr

Davenport, IA

Assets: $13m

Revenue: $2m

MISSION:

GENESIS HEALTH SYSTEM WORKERS' COMPENSATION PLAN AND TRUST WAS ORGANIZED TO CREATE AND ESTABLISH A FUND FOR PROPER SAFEKEEPING AND INVESTMENT OF MONEY, PROPERTY, AND OTHER ASSETS CONTRIBUTED BY PARTICIPANTS FOR THE PURPOSE OF PROVIDING WORKERS' COMPENSATION CASH RESERVES FOR THE PARTICIPANTS. THE PARTICIPANTS ARE ENCOMPASSED WITHIN GENESIS HEALTH SYSTEM (GHS IOWA), GENESIS HEALTH SYSTEM (GHS ILLINOIS), AND GENVENTURES, INC.

Horsemens Workers Compensation Insurance Trust

New Orleans, LA

Assets: $6m

Revenue: $4m

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Special Funds Conservation Committee

New York, NY

Assets: $4m

MISSION:

SEE SCHEDULE O.THE SPECIAL FUNDS CONSERVATION COMMITTEE (THE "COMMITTEE") WAS ORGANIZED IN NEW YORK STATE IN 1938 FOR THE PURPOSE OF CONSERVING THE ASSETS OF THE "SPECIAL FUNDS CREATED UNDER SUBDIVISION OF SECTIONS 15 AND 25-A OF THE WORKERS' COMPENSATION LAW OF THE STATE OF NEW YORK. IT PERFORMED SERVICES IN CONNECTION WITH SPECIAL FUNDS AND COOPERATES WITH THE CHAIRMAN AND MEMBERS OF THE NEW YORK WORKERS' COMPENSATION BOARD, THE SUPERINTENDENT OF INSURANCE, AND ANY OTHER PUBLIC OFFICIAL WHOSE DUTIES ARE CONCERNED WITH THE OPERATION OF THE SPECIAL FUNDS. AS DESCRIBED IN PART III, LINE 3, THE EXPECTED DATE OF DISSOLUTION IS DECEMBER 31, 2025. FURTHER, THE OPERATIONS OF THE COMMITTEE HAVE BEEN AMENDED SUCH THAT THE COMMITTEE WILL ONLY ENGAGE IN ACTIVITIES RELATED TO THE WIND-DOWN OF THE COMMITTEE UNTIL DISSOLUTION.

New York Independent Livery Driver Benefit Fund

New York, NY

Assets: $2m

Revenue: $16k

MISSION:

NEW YORK STATE LEGISLATIVELY CREATED & SPONSORED WORKERS' COMPENSATION INSURANCE BENEFITS FUND

Mississippi Workers Compensation Self Insurer Guaranty Assc

Ridgeland, MS

Assets: $1m

Revenue: $58k

MISSION:

TO PROVIDE MECHANISMS FOR THE PAYMENT OF COVERED CLAIMS UNDER SELF-INSURANCE COVERAGE, TO AVOID EXCESSIVE DELAY IN PAYMENT AND TO AVOID FINANCIAL LOSS TO CLAIMANTS DUE TO THE INSOLVENCY OF A SELF-INSURER.

Nyst Benefit Fund Inc

Albany, NY

Assets: $505k

Revenue: $4m

MISSION:

THE PRIMARY PURPOSE IS TO PROVIDE ITS MEMBERSHIP WITH VARIOUS BENEFITS INCLUDING LIFE INSURANCE, DISABILITY INSURANCE, AND OTHER BENEFITS PURSUANT TO ITS BY-LAWS AND TO PUBLISH THE "PBA TROOPER" MAGAZINE TO PROVIDE PERTINANT INFORMATION TO ITS MEMBERS AND TO PROMOTE AND ENCOURAGE THE PROFESSIONALISM OF STATE-WIDE LAW ENFORCEMENT OFFICERS IN THE STATE OF NEW YORK, ESPECIALLY MEMBERS OF THE NEW YORK STATE POLICE.

Fox Club Employee Benevolent Tr

Great Falls, VA

Assets: $154k

Revenue: $40k

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Elwyn Institutes Workers Compensation Trust

Elwyn, PA

MISSION:

THE TRUST PROVIDED WORKERS COMPENSATION INSURANCE TO ELWYN OF PENNSYLVANIA AND DELAWARE EMPLOYEES THAT WERE INJURED PERFORMING THEIR ASSIGNMENTS.

Brickstreet Mutual Insurance Company

Charleston, WV

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Compsource Mutual Insurance Company

Oklahoma City, OK

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Divine Nine Foundation Of Columbia Sc Incorporated

Columbia, SC

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Mississippi Workers Compensation Assigned Risk Pool

Jackson, MS

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Louisiana Workers Compensation

Baton Rouge, LA

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

Pinnacol Assurance

Denver, CO

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

State Compensation Insurance Fund

Pleasanton, CA

MISSION:

The goal of this organization is to reimburse its members for losses under workers compensation acts. This code is used primarily for organizations exempt from federal taxes under 501(c)(27) of the Internal Revenue code.

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