Business owners in Brooklyn, NY, are required to carry workers’ compensation insurance. But, due to evolving regulations, some policyholders may not meet the current or emerging thresholds. At Access Legacy Insurance Group, we work closely with company leaders to ensure they have the full coverage mandated by law.
Workers’ Compensation Insurance Updates To Consider
Extended Workers’ Compensation Benefits
Although 2026 has already begun, it’s not uncommon for businesses to be unaware of critical workers’ comp changes. Back in May, Gov. Hochul signed legislation that increased access to timely medical care for New York workers. These and other changes may impact policies moving forward.
Mental Health Coverage
New York has taken steps to provide coverage for employees who suffer from acute mental health conditions. Mental health problems such as post-traumatic stress disorder are not necessarily a personal health insurance matter. Workers’ compensation insurance must account for staff who are chronically unwell.
Minimum Benefits
As of July 1, 2026, the minimum weekly benefit that an injured or ailing employee can receive increases to one-fifth of the state-adjusted average weekly wage (AWW). It’s important to keep in mind that the AWW is industry-specific. There are significant differences in benefits that must be considered to craft an effective policy. These and other benefit increases stem from higher costs and supporting injured workers who are traditionally low earners.
Let’s Discuss Workers’ Compensation Insurance in Brooklyn, NY
It’s essential to consult an insurance professional to identify any workers’ compensation insurance gaps. Contact one of our experienced agents at Access Legacy Insurance Group. We’re here to help.
