> Indian Insurance: New York Reduces Workers’ Compensation Assessment Rate for 2025

Thursday, October 31, 2024

New York Reduces Workers’ Compensation Assessment Rate for 2025

New York employers will pay 22% less in the annual assessment to run the state’s workers’ compensation system in 2025. The rate assessed on standard premiums will be 7.1% beginning January 1, 2025, down from 9.2% in 2024. The Hochul …

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