Welcome to the New York State Insurance Fund
The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York State Workers' Compensation Law. NYSIF's mission is to guarantee the availability of workers' compensation insurance at the lowest possible cost to New York employers and to provide timely, appropriate indemnity and medical payments to injured workers, while maintaining a solvent fund. Since inception, NYSIF has fulfilled the dual roles for which it was created: to compete with other carriers to ensure a fair market place and to be a guaranteed source of coverage for employers who cannot secure coverage elsewhere.
NEWS & MEDIA
NYSIF's Redesigned Bill is Here!November 30, 2018
NYSIF is pleased to announce the launch of our new bill. Redesigned to meet your needs, the bill reflects a specified minimum amount and due date, as well as the chronological listing of transactions that you requested. It also includes Policy Alerts unique to your policy, a Message Center that provides updates on NYSIF news and services, and informational boxes that contain helpful tips on avoiding interest charges.Look out for your new bill, which you will receive soon. In the meantime, you can visit nysif.com/mybill to learn more. We remain committed to making it easier for you to do business with us. Thank you for choosing NYSIF.
NYSIF 4Q Workers' Comp AdvisorNovember 29, 2018
A New Way to Make Audits EasierNovember 9, 2018
NYSIF continues to introduce features to make doing business with us easier. To make audits go more smoothly, NYSIF auditors now have information on certificates of insurance that policyholders have received from other NYSIF policyholders. This should shorten audit time and make the audit process easier, since NYSIF will not require policyholders to present these certificates for the audit. When a certificate is requested, the new feature allows NYSIF to match the certificate holder with our active policyholder database. If a match is found the information is captured to be included with the audit assignment. Policyholders can assist NYSIF in this effort by providing their subcontractors with the certificate holder information as it appears on their own NYSIF policy.