Old Republic Residual Market Services (ORMARKS) provides services to the workers' compensation residual markets. As a national servicing carrier, we provide policy management and claims services to assigned risk policyholders throughout the country.
Regulators, bureaus, and administrators rely on the extensive assigned risk expertise provided by the ORMARKS team.
Our assigned risk services comply with the NCCI Workers' Compensation Insurance Plan or state-specific performance requirements. Policy management services include policy issuance, billing, collections, premium audit, and loss prevention. Policy services and claims management are provided by the Minneapolis, MN-based ORMARKS team.
Insurance contracts are underwritten and issued by Pennsylvania Manufacturers’ Association Insurance Company, rated A+ (Superior) XV by AM Best and A2 Stable by Moody’s. Rating determinations made by rating agencies are subject to change from time to time. While the Company attempts to show accurate information, it cannot assure the timeliness of ratings referred to herein and assumes no obligation to monitor the ratings actions of any rating agency. AM Best ratings as of April 21, 2021; Standard & Poor's as of November 17, 2020; Moody's as of October 13, 2020. A+ (Superior) and A (Excellent) ratings from AM Best represent the 2nd and 3rd highest ratings, respectively, among 13 rating categories. An A2 rating from Moody's (Highest Quality) represents the 6th highest rating among 21 rating categories and an A+ (Strong) from Standard & Poor's represents the 5th highest rating among 20 rating categories.