NYCIRB News

N.Y. Compensation Insurance Rating Board Names Attie as Next President

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 …

New York Approves Average 5.9% Increase in Workers’ Comp Loss Costs

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 …

N.Y. DFS Disapproves NYCIRB’s +6.8% Loss Cost Level Change Filing

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 …

N.Y. Compensation Insurance Rating Board Seeks 16.9% Hike in WC Loss Costs

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 …