The Pennsylvania Insurance Department announced that workers’ compensation insurers in the state will not have to make contributions to the Workers’ Compensation Security Fund during 2026. This decision comes after a review showed the fund’s balance remains healthy, exceeding $500 million as of December 31, 2025.
The Security Fund acts as a safety net. It steps in to pay workers’ compensation benefits if an insurance company providing coverage goes into court-ordered liquidation. According to state law, contributions from insurers are only required if the fund’s balance drops below $500 million.
Since the fund is well above that threshold, the department confirmed that no payments from insurers will be needed this year. Insurance Commissioner Michael Humphreys highlighted this update following the release of Notice 2026-05 on February 21.
This news offers some relief to insurers writing workers’ compensation policies in Pennsylvania, as they can avoid additional costs tied to funding the Security Fund for now. The department’s ongoing oversight helps ensure there is enough money available to protect workers while balancing the financial demands on insurance providers.