Board Adopts Emergency Rule to Allow Self-Insurance by Jockey Fund

The New York State Workers’ Compensation Board has adopted an emergency rule to implement legislation that allows the Jockey Injury Compensation Fund to self-insure its workers’ compensation risk, according to a notice in Wednesday’s New York State Register. Budget legislation that passed in April included language that allows the Jockey Fund to self-insure coverage for jockeys, apprentice jockeys and exercise workers licensed under the state’s pari-mutuel law. The fund now purchases insurance coverage on behalf of those workers by levying an assessment of up to 2...