March 11, 2024
New York State Inspector General Lucy announced a sentencing and a guilty plea in two separate workers’ compensation fraud cases. Lang announced the sentencing of Brian Simpson, 55, of Monroe County, who defrauded the workers’ compensation system of more than …
December 18, 2023
Law enforcement officials announced the final sentencing in their prosecution of an $18 million workers’ compensation fraud case and the return of $7.75 million to the New York State Insurance Fund (NYSIF). Manhattan District Attorney Alvin Bragg, Jr. on Friday …
September 20, 2023
A drywall contractor has been sentenced to six months in jail for defrauding the New York State workers’ compensation insurance fund out of almost $3 million in premiums over an eight-year period. The Manhattan District Attorney announced the sentence this …
August 15, 2023
The New York State Insurance Fund (NYSIF), the state’s largest workers’ compensation insurer, allocated $585 million to New York employers last year through its dividends and return-of-premium programs. Every year, NYSIF returns funds to New York State businesses that exhibit …
May 3, 2023
Manhattan District Attorney Alvin L. Bragg, Jr. announced indictments charging eight individuals and six companies with fraud and corruption within the construction industry, including conspiring to fraudulently use minority and women-owned business enterprises (MWBEs) as pass-through entities to obtain contracts …
January 27, 2023
Manhattan District Attorney Alvin Bragg, Jr. within the past week announced two separate indictments alleging workers’ compensation fraud, one totaling $7 million in premiums and the other, $3 million. In one case, Juan Escobar, and his drywall and carpentry companies, …
October 31, 2022
The New York State Insurance Fund (NYSIF), the state’s largest workers’ compensation insurer, announced that it will extend coverage to out-of-state employees for the first time. Under the initiative, any New York-based employer that has at least 50% of its …
August 12, 2022
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 …
July 6, 2022
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 …
November 10, 2016
The New York State Insurance Fund (NYSIF) has created a producers’ advisory council and appointed three Independent Insurance Agents & Brokers of New York (IIABNY) members to serve on the council. Jack Smith, Jr., CPCU, ARM, CIC, of William A. …