State-owned and operated organizations that write workers compensation
insurance. Some states have monopolistic funds, which are the only market for
workers compensation insurance in those states. Other states have competitive
funds that compete with insurers in that state. (Note that several of these
funds also write workers compensation in additional states.) The monopolistic
fund states are North Dakota, Ohio, Washington, and Wyoming. Puerto Rico and
the U.S. Virgin Islands also have monopolistic funds. Currently, 19 other
states offer the option of purchasing workers compensation insurance from a
competitive state fund.