Term Of The Day – Residual Market (RML)
One of the reasons that alternative Workers Comp insurance is becoming so popular over the last few decades. Some states have enormous residual market losses that must be passed along to policyholders of regular voluntary market insurance.

The RML now insures approximately 30% of the market nationwide. The RML load is the additional “premiums” included that represent the loss generated by the state residual market pool and passed on to those insured in that state.
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