About Superior Point
Superior Point is the contract administrator of the Minnesota Workers’ Compensation Assigned Risk Plan (MWCARP). The MWCARP provides workers’ comp and employers’ liability coverage for Minnesota employers who have been unable to get coverage through the voluntary insurance market.
As the plan administrator, we manage claims, conduct annual premium audits, help prevent injuries and collect premium payments for MWCARP policies.
Until July of 2018, we were known as SFM Risk Solutions.
Minnesota Agencies
Information on minnesota state agencies, boards, task forces, and commissions.
Compiled by the Minnesota Legislative Reference Library
MN Workers' Compensation Assigned Risk Plan Review Board
Audit the reserves established for individual cases and the total book of business arising under workers' compensation policies and contracts of coverage issued pursuant to Minn. Stat. 79.25 and 79.252.
6 members (3 insured holding workers' compensation polished issued by the assigned risk plan, 2 representatives of licensed workers' compensation insurance companies, commissioner of commerce); appointed by commissioner of commerce; 3-year terms; no compensation.
Entries for this agency in the Annual Compilation and Statistical Report of Multi-Member Agencies Report : 2002 , 2001 , 2000 , 1999 , 1998 , 1997 , 1996 , 1995 , 1994 , 1993 , 1992 , 1991 , 1990 , 1989 , 1988 , 1987 .
Note: This report provides membership details as well as meeting information and a summary of the group's activities.
All information on this group from the Library’s collection of agency notebooks has been digitized. These materials are incorporated into the “documents/articles” section of the record. Please contact a librarian with any questions. The Minnesota Agencies database is a work in progress.
IMAGES
VIDEO
COMMENTS
The Minnesota Workers' Compensation Assigned Risk Plan (MWCARP) is the source of workers' compensation and employers' liability coverage for Minnesota employers who have been unable to secure other coverage through the voluntary market.
The Minnesota Workers' Compensation Assigned Risk Plan (MWCARP) is the source of workers' compensation and employers' liability coverage for Minnesota employers who have been unable to secure other coverage through the voluntary market.
The Minnesota Workers' Compensation Assigned Risk Plan (MWCARP) is the source of workers' compensation and employers' liability coverage for Minnesota employers who have been unable to secure other coverage through the voluntary market.
Assigned Risk Plan Commerce oversees the operation of the Minnesota Workers' Compensation Assigned Risk Plan (MWCARP), the "insurer of last resort" for employers, often small businesses, that cannot otherwise obtain coverage. MWCARP covers about three percent of the state's workers' compensation market. Rate and Form Filings
Enclose check payable to Minnesota Workers' Compensation Assigned Risk Plan. Payment must be made by certified check, bank draft, money order, finance check, EMPLOYERS CHECK or agency check.
Online Assigned Risk (OAR) User Guide Page 2 OAR User Guide Last updated: 6/21/2023 . 1. Overview 1.1 What is OAR? Online Assigned Risk (OAR) is a web application that allows agents and employers to submit applications for workers' compensation insurance coverage through the Minnesota Workers' Compensation Assigned Risk Plan (MWCARP).
Administrator of the Minnesota Workers' Compensation Assigned Risk Plan Learn about Superior Point Report an injury Your employee is injured, now what? Report the injury to us as soon as possible. Ideally, within 24 hours. Pay my bill Pay your bill quickly and securely using our ePay system. Enter your policy number and zip code to get started.
MINNESOTA WORKERS' COMPENSATION ASSIGNED RISK PLAN APPLICATION FOR WORKERS' COMPENSATION INSURANCE COVERAGE IS DESIRED* Effective Date Send to: Minnesota Workers'Compensation Insurers Assn., Inc. 7701 France Avenue South, Suite 450 Minneapolis, Minnesota 55435-3203 (952) 897-1737 COVERAGE CANNOT BE BOUND BY ANY AGENT.
Subdivision 1. Purpose. The purpose of the assigned risk plan is to provide workers' compensation coverage to employers rejected by a licensed insurance company pursuant to subdivision 2. Subd. 2. Rejected risks. An insurer that refuses to write insurance for an employer shall furnish the employer a written notice of refusal.
Minnesota Workers' Compensation Assigned Risk Plan Financial Statements Together with Independent Auditors' Report December 31, 2006 SM Depend on our people. Count on our advice. CONTENTS INDEPENDENT AUDITORS' REPORT FINANCIAL STATEMENTS: Balance Sheet Statement of Operations and Comprehensive Income
Minnesota Workers' Compensation Assigned Risk Plan Financial Statements Together with Independent Auditors' Report December 31, 2019 Depend on Our People. Count on Our Advice. www.otcpas.com 0,11(627$ :25.(56 &203(16$7,21 $66,*1(' 5,6. 3/$1 &217(176 3DJH ,1'(3(1'(17 $8',7256 5(3257 ),1$1&,$/ 67$7(0(176 %DODQFH 6KHHW
MWCIA Circular 21-1794 - 1‐1‐2022 Assigned Risk Rates MINNESOTA WORKERS' COMPENSATION 0005 5.20 320 0006 6.13 343 0008 4.18 295 0016 6.13 343 0034 6.53 353 0035 4.15 294 0042 10.65 456 0050 12.73 508 0079 4.18 295 0106 12.95 514
Superior Point is the contract administrator of the Minnesota Workers' Compensation Assigned Risk Plan (MWCARP). The MWCARP provides workers' comp and employers' liability coverage for Minnesota employers who have been unable to get coverage through the voluntary insurance market.
Source of workers compensation and employers liability coverage for Minnesota employers who have been unable to secure other coverage through the voluntary market. ... ASSIGNED RISK PLAN ADMINISTRATOR Affinity Insurance Services, Inc. (Aon) 5600 West 83rd Street 8200 Tower, Suite 1100 Minneapolis MN 55437 Tel: (612) 202-7192 (Main Contact ...
Assigned Risk Are 3rd party checks accepted as payment for hard copy Assigned Risk applications? Payment for hard copy applications must be made by certified check, bank draft, money order, finance check, employers check or agency check. 3rd party checks will not be accepted by the Assigned Risk Plan.
MINNESOTA WORKERS' COMPENSATION ASSIGNED RISK PLAN STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) YEARS ENDED DECEMBER 31, 2005 AND 2004 2005 2004 REVENUES: Net Earned Premiums $ 94,092,321 $ 102,491,010 Net Investment Income 11,631,441 9,150,501 Net Realized Capital Gains 4,598,748 2,611,029 Other - 2,050,363
That effective January 1, 2022, the Minnesota Workers' Compensation Assigned Risk Plan will use a pure premium multiplier of 2.50 to be applied uniformly to the pure premium base rates of the 2022 Minnesota Ratemaking Report of the MWCIA. That the expense constant on each policy will be $190.
That effective January 1, 2024, the Minnesota Workers' Compensation Assigned Risk Plan will use a pure premium multiplier of 2.15 to be applied uniformly to the pure premium base rates of the 2024 Minnesota Ratemaking Report of the MWCIA. That the expense constant on each policy will be $190.
Online Assigned Risk (OAR) is a web application that allows agents and employers to submit applications for workers' compensation insurance coverage through the Minnesota Workers' Compensation Assigned Risk Plan (MWCARP). MWCARP is the source of workers' compensation
Minnesota Legislative Reference Library - Agencies. Joint Departments, Offices, and Commissions