Today’s issue of WorkCompRecap features the recent release of the New York State Insurance Fund’s 2011 annual report, titled “Covering Your Business is Our Business.” The new report highlights NYSIF services in the areas of workplace safety, claims handling, information technology and anti-fraud efforts, and reported $1.47 billion in earned workers’ compensation premium and $12.2 million in earned disability benefits premium for NYSIF in 2011.
Also of note was that according to NY’s Compensation Insurance Rating Board, NYSIF is the largest writer of workers’ comp coverage in the State with a market share of 38 percent, and additionally, A.M. Best ranked NYSIF is the fifth largest writer in the nation.
Find out more (including a link to the free report!) by clicking here!