Governor Hochul Announces New York State Insurance Fund Has Returned $585 Million to New York Businesses

New York : Apna Punjab News : Governor Kathy Hochul today announced the New York State Insurance Fund, New York State’s largest workers’ compensation insurer, allocated $585 million to New York employers last year through its dividends and return-of-premium programs. Every year, NYSIF returns funds to New York State businesses that prioritize worker safety protocols and exhibit strong safety records. Through efforts like NYSIF’s dividends and return-of-premium program, New York State is proving that safe, stable workplaces are not just good for workers they’re also good for business, Governor Hochul said. “New York’s small businesses are the engine behind our economy and our state’s largest employers, and my administration is proud to provide these much-needed savings to companies in every industry that are joining our mission to keep workers safe.