The state enacts legislation restoring the ability for thousands of businesses to access low-cost workers’ compensation coverage through the New York State Insurance Fund. The new law will enable the fund to issue a policy to a business with an outstanding balance allowing the company to pay the owed premium under an installment plan.
Source:
https://www.governor.ny.gov/news/governor-hochul-signs-legislation-help-struggling-businesses-access-low-cost-workers