New Jersey Register September 11, 2013 A rule amendment proposed by the New Jersey Division of Workers' Compensation will increase the maximum weekly workers' compensation benefit rate 2.1% − to $843 from $826 − on January 1. Maximum workers' compensation benefit rates are adjusted each year based on the average weekly wage. New Jersey claimants […]

August 20, 2013 The National Academy of Social Insurance WASHINGTON, D.C. – After declining in the wake of the recession, workers’ compensation benefits paid to injured workers and costs borne by employers increased in 2011 as the U.S. economy continued to recover, according to a new report by the National Academy of Social Insurance (NASI). […]

July 11, 2013 New York Liquidation Bureau New York Superintendent of Financial Services Benjamin M. Lawksy has been appointed ancillary receiver of Ullico Casualty Company, according to an order approved by The New York County Supreme Court. The company, which was domiciled in Delaware, was seized by Delaware regulators in March and as it had […]

March 11, 2013 New York Governor Andrew Cuomo in January during his state of the state address announced Workers Comp reform as part of his 2013-2014 fiscal year budget proposal. Immediately after the reforms were announced, industry groups, including the Property Casualty Insurers Association of America (PCI) and the American Insurance Association (AIA), and the […]

If you are a New York employer with a payroll greater than $800,000 and an experience modification greater than 1.20, you have been forced to comply with Code Rule 59 which calls for employers to develop a workplace safety program and have it certified by the Department of Labor if the rating board notifies you […]