NYSIF Program Provides Coverage for Out-of-State Workers

The New York State Insurance Fund announced that it will extend coverage to out-of-state employees for the first time in its 108-year history. The carrier said its new program arises from 2021 legislation permitting it to provide workers’ comp for its policyholders’ employees throughout the U.S. “Under the initiative, any New York-based employer that has at least 50% of its workforce based in the state can offer its out-of-state employees NYSIF workers’ compensation coverage, and will no longer have to incur the additional cost of procuring a policy from another insur...