New York Gov. Kathy Hochul has signed three bills into law that affect workers, including one raising the minimum disability benefit under workers’ compensation over three years. The second new law prohibits employers from disciplining employees that opt not to …
The widow of a man who died from COVID-19 has been denied workers’ compensation benefits because she failed to prove that the death was work-related. The Appellate Division of the Supreme Court of New York on May 1 upheld the …
During the height of the pandemic, New York workers’ compensation indemnity payments increased while medical payments decreased. That’s according to a new report from the Workers Compensation Research Institute (WCRI) that found that indemnity benefits per claim grew 10% for …
The New York State Insurance Fund reported that it returned more than $550 million over the past year to businesses through its workers’ compensation safety discounts and dividends programs. The state agency provides dividends for companies that belong to a …
Governor Kathy Hochul has signed legislation to help employers with unpaid workers’ compensation premiums regain access to coverage through the New York State Insurance Fund, the state’s largest workers’ compensation insurer. New York law requires businesses to have workers’ compensation …
Berkshire Hathaway subsidiary Applied Underwriters will voluntarily halt the selling of a reinsurance-based, loss-sensitive workers’ compensation product in New York under an agreement with the state regulator who first raised questions about the product three years ago. Applied Underwriters will …
Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative effects on brokers who dealt with the products, according to a …
The Independent Insurance Agents & Brokers of New York (IIABNY) applauded a New York Senate committee’s action to protect employers from surprise insurance premium increases in their workers’ compensation policies. The Senate Labor Committee approved IIABNY’s bill during its meeting …
The New York State Insurance Fund (NYSIF) announced that it is expanding its pay-as-you-go premium payment plan, NYSIF PAYGO, to include additional payroll service companies. NYSIF said PAYGO is a simple and convenient way for eligible policyholders to pay their …
New York auditors report preventing 206 incorrect claims for $1.85 million in workers’ compensation and medical benefits last year while identifying 417 duplicate claims for $1.6 million paid over the past two years. The Comptroller’s Office, which keeps three auditors …
