Episode 41: Penalties and No Coverage Exposure in New York Workers' Compensation Claims
March 20th, 2017
16 mins 7 secs
lois llc, new york workers' compensation law, penalties, webinar audio
The New York Workers’ Compensation Board collects $3 Million per year in procedural penalties alone. This is a staggering figure - amounting to approximately $300 in penalty for each new case accepted by the WCB. New York is a form-driven jurisdiction, and most common penalties arise from the late filing of required boilerplate forms.
The Workers’ Compensation Law is a minefield of penalties, fines, and criminal complications for the unwary. There are different penalty considerations for employers, claimants, insurers, and even attorneys.
Lois LLC recently presented a webinar designed to help the attendee answer the following questions:
- “What are the most common reasons employers/carriers are penalized in New York?”
- “What are the exposures for non-coverage in New York?”
- What other activity can draw a penalty, such as illegal employment?”
- “What do I do about a penalty?”
Attorney Greg Lois covers the fundamentals and at the end of the presentation, the attendees will have a basic understanding of New York penalties and exposures in workers’ compensation cases.