Mutual Benefit Group
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Workers Compensation for Mutual Benefit Insurance Company and Select Risk Insurance Company is written primarily in PA and MD, with specific Maryland guidance issued via commercial lines bulletin CL-22-01 dated March 7, 2022. Effective May 15, 2022, Mutual Benefit/Select Risk ceased providing a dividend program for Workers Compensation policies; final dividends, if declared, are scheduled to be paid in October 2024. This impacts existing dividend plans but does not change basic eligibility or class appetite for the line.([23581293.fs1.hubspotusercontent-na1.net](https://23581293.fs1.hubspotusercontent-na1.net/hubfs/23581293/CL-22-01-MB-SR-Workers-Comp-Updates-Maryland.pdf?utm_source=openai)) For Select Risk Insurance Company placement, prior minimum standard premium requirements have been removed. Previously a $10,000 minimum standard premium was required for a risk to be eligible for Select Risk; that requirement no longer applies, so qualifying accounts of any size may now be placed with Select Risk subject to other underwriting criteria. Two WC class codes are explicitly not eligible for Select Risk: Drywall Contractors (5445) and Carpet Installers (5478). All other classes remain potentially eligible subject to standard underwriting review.([23581293.fs1.hubspotusercontent-na1.net](https://23581293.fs1.hubspotusercontent-na1.net/hubfs/23581293/CL-22-01-MB-SR-Workers-Comp-Updates-Maryland.pdf?utm_source=openai)) Preferred workers compensation business for Select Risk consists of accounts with strong loss history and solid safety controls, reflected in an experience modification factor below 1.00 and a three‑year loss ratio of 40% or less. Accounts meeting both the sub‑1.00 mod and ≤40% three‑year loss ratio guidelines are primary targets for Select Risk placement. Risks not meeting these thresholds may still be considered within Mutual Benefit but can be expected to receive heightened underwriting scrutiny, possible pricing adjustments, or placement in a different underwriting company where allowed by internal rules.([23581293.fs1.hubspotusercontent-na1.net](https://23581293.fs1.hubspotusercontent-na1.net/hubfs/23581293/CL-22-01-MB-SR-Workers-Comp-Updates-Maryland.pdf?utm_source=openai)) Declined or restricted business for Select Risk specifically includes WC class codes 5445 (drywall) and 5478 (carpet installers), which are not eligible regardless of size, loss history, or experience mod. Producers should avoid submitting these classes for Select Risk and instead route them to other available markets if any. Additionally, the bulletin reiterates that dividend programs are no longer available for any Workers Compensation policies in Maryland under Mutual Benefit Insurance Company or Select Risk Insurance Company; new and renewal business should not be presented or sold with any expectation of WC dividends after the noted cutoff.([23581293.fs1.hubspotusercontent-na1.net](https://23581293.fs1.hubspotusercontent-na1.net/hubfs/23581293/CL-22-01-MB-SR-Workers-Comp-Updates-Maryland.pdf?utm_source=openai)) Geographic notes: the bulletin applies to agents authorized to write Workers Compensation business in Maryland. Mutual Benefit Group’s general business‑insurance footprint remains focused on Pennsylvania and Maryland as core states, and producers should confirm state eligibility and filings through normal commercial lines underwriting contacts when considering out‑of‑state or multistate exposures.([mutualbenefitgroup.com](https://www.mutualbenefitgroup.com/business-insurance/business-coverage?utm_source=openai))([23581293.fs1.hubspotusercontent-na1.net](https://23581293.fs1.hubspotusercontent-na1.net/hubfs/23581293/CL-22-01-MB-SR-Workers-Comp-Updates-Maryland.pdf?utm_source=openai)) Submission and producer instructions: the bulletin directs any questions regarding the updated Workers Compensation dividend program and Select Risk underwriting guidelines to the commercial lines underwriting team or the assigned marketing representative, indicating that agency partners should work through their usual commercial lines underwriter or marketing contact for exceptions, clarification on class eligibility, or company placement choices. No change is indicated to normal submission workflows; producers should continue to follow standard Mutual Benefit commercial submission processes and consult commercial underwriting for accounts near or outside the stated guideline thresholds.([23581293.fs1.hubspotusercontent-na1.net](https://23581293.fs1.hubspotusercontent-na1.net/hubfs/23581293/CL-22-01-MB-SR-Workers-Comp-Updates-Maryland.pdf?utm_source=openai))