The California Workers’ Compensation Institute said three of the largest carriers grew their market share in 2016 and moved up the rankings in terms of the largest comp carriers in the Golden State.
State Compensation Insurance Fund remained the largest carrier in California with $1.6 billion in direct written premium last year, giving it control of 12.4% of the state’s market. Berkshire Hathaway Group held steady at No. 2 with 10.9% of the market and $1.4 billion in direct written premium. And AmTrust NGH Group came in at No. 3 in 2016, the same spot it held in 2015, with 8.7% of...
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