Yearly Archives: 2022

NYS Workers Comp Board Offering Webinars For Employers

​The New York State Workers Compensation Board is is presenting monthly webinars for employers, starting today. You and your clients may find the information useful.The webinars, presented by the Board's Advocate for Business, will address basics of the state's Workers' Compensation system, coverage requirements, and employer obligations. They will also address:Who does and does not need coverageHow and when to report workplace injuries and illnesses, including cases of COVID-19Factors to consider when an employer hires independent contractors, laborers and domestic workersHow to reduce premiumsPenalties and where to go for help with themThe sessions are free of charge and do not require pre-registration. More information can…

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State Fund, OCM Announce Partnership To Help New Cannabis Businesses Get Workers Comp Coverage

​Used under under the Creative Commons Attribution-Share Alike 4.0 International license​.​The New York State Office of Cannabis Management (OCM) has announced a campaign, led by the New York State Insurance Fund (NYSIF) to help newly-licensed cannabis businesses in the state obtain required insurance. NYSIF will lead the effort to help these businesses obtain Workers' Compensation, New York State Disability Law (DBL) and Paid Family Leave (PFL) insurance.According to a news release on the NYSIF website:"Eligible applicants can apply under the qualifying business or qualifying non-profit track. Prospective Qualifying Business applicants must: Have a conviction for a marijuana-related offense that occurred prior to the passage of the Marijuana Regulation…

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What’s in a Name? How To Change the Name on Your NY License

​It doesn't happen often, but occasionally a New York licensed insurance agent or broker changes their name and needs to show that on their license. Subsection (f) of Section 2102 of the New York Insurance law requires a "licensee" to notify the state Department of Financial Services "upon changing his, her or its legal name."Probably the most common reason for this is when a woman marries and assumes her husband's last name. The reverse may also occur - a marriage ends and the former wife wants to become known under her maiden name. And some folks just like to change names every few years.Whaever the…

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