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NJCRIB Extends COVID Premium, Audit Provisions Through June

Tuesday, September 28, 2021 | 0

The New Jersey Compensation Rating and Inspection Bureau on Monday announced that it will extend certain premium reduction pricing elements and audit requirements through June 30 to address the ongoing effect of the COVID-19 pandemic on state employers. Premium reduction provisions announced in September 2020 allow employers to assign some office workers as clerical employees and to exclude others from premium reporting. Other changes to the workers’ compensation and liability insurance manual increased the maximum schedule rating credit to 35% and allowed a reduction in the plan premi...

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