New York Workers’ Compensation Board Announces Increase in the NYS Assessment Fee
At Lawley, part of our mission is to keep our contacts informed. Recently, there was an update to the NYS Workers’ Compensation Assessment Fee. Please see below for the details about this announcement:
The Workers’ Compensation Board (WCB) announced that the NYS assessment fee will be increased to 12.6% of standard premium. This is effective for NYS workers’ compensation policies renewing on or after January 1st, 2019. This is an increase from the 2018 rate of 12.1%.
To see the whole announcement, click here.
If you have any questions, please don’t hesitate to reach out to Lawley for assistance.