New York State Insurance Fund
InsuranceUnited States1001-5000 Employees
The New York State Insurance Fund (NYSIF) is a United States-based insurer established in 1914 to administer New York’s workers’ compensation law. It operates as a self-supporting carrier, aiming to provide workers’ compensation insurance at the lowest possible cost for New York employers while ensuring timely indemnity and medical payments for injured workers and maintaining a solvent fund. As the largest workers’ compensation carrier in New York and among the top in the nation, NYSIF serves approximately 155,000 policyholders and handles more than $2 billion in annual premium, with assets totaling around $18 billion. In addition to workers’ compensation, the fund offers disability benefits coverage for off-the-job injuries to more than 61,000 New York employers and added Paid Family Leave in 2018 to support job-protected time off for family care. NYSIF is based in the United States and operates as a self-supporting entity without taxpayer funding. A recent contextual note: various LinkedIn-related industry developments are listed in the provided news items, though they do not pertain to NYSIF’s core operations.
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