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Home»Business Insurance»Pennsylvania Insurance Department waives Workers’ Compensation Security Fund contributions for 2026
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Pennsylvania Insurance Department waives Workers’ Compensation Security Fund contributions for 2026

AwaisBy AwaisFebruary 23, 2026No Comments1 Min Read0 Views
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Pennsylvania Insurance Department waives Workers’ Compensation Security Fund contributions for 2026
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The Department would require insurance industry members forward contributions if the Fund’s balance were reduced below $500,000,000, according to Section 9(1) of the Workers’ Compensation Security Fund Act (77 P.S. § 1059(1)). As of its evaluation dated December 31, 2025, the Fund’s balance exceeded $500 million, the Pennsylvania Insurance Department reported.

Compensation contributions Department Fund Insurance Pennsylvania Security waives Workers
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