New York businesses could soon see some slight relief in workers’ compensation premiums, according to an announcement from Gov. Andrew M. Cuomo. The governor’s office released a statement Monday saying that the New York Compensation Insurance Rating Board, a non-governmental …
The New York Compensation Insurance Rating Board (NYCIRB) announced that its Board of Governors has unanimously elected Jeremy Attie as NYCIRB’s next president after a recommendation from a Search Committee made up of five present and former members of the …
The New York State Department of Financial Services (NYDFS) has approved an average 5.9 percent increase in workers’ compensation loss costs for new and renewal business to become effective on Oct. 1, 2015. The approval was announced by the New …
The New York Compensation Insurance Rating Board (NYCIRB) announced in a bulletin yesterday that the New York Department of Financial Services (DFS) issued an opinion and decision letter disapproving the +6.8 percent workers’ compensation loss cost level change filed with …
The New York Department of Financial Services on Monday approved a revised loss cost filing from the New York Compensation Insurance Rating Board (NYCIRB) with an effective date of Oct. 1, 2013. As a result, policyholders in New York State …
The New York Compensation Insurance Rating Board (NYCIRB) said it submitted to the state’s Department of Financial Services last week a loss-cost filing for an overall average loss cost change of +16.9 percent. A hearing is likely to be scheduled …
New York Gov. Andrew Cuomo’s workers’ compensation reform proposals are expected to bring overall net savings to employers, according to analysis from the New York Compensation Insurance Rating Board (NYCIRB). The NYCIRB said Part O of Senate Bill 2605 /Assembly …
The New York Compensation Insurance Rating Board (NYCIRB) has submitted to the Department of Financial Services on Thursday a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost represents the anticipated cost …
An average 9.1 percent increase in New York State’s workers compensation loss costs is scheduled to go into effect Oct. 1. The planned change was previously approved by the New York State Insurance Department in mid-July. Back in May, the …
