The New York State Insurance Fund (NYSIF) announced that its program targeting workers’ compensation insurance fraud resulted in 154 arrests last year. The most commonly seen workers’ comp fraud was in cases where injured workers are receiving workers’ comp benefits and at the same time running other businesses or are employed by other companies.
The NYSIF, New York’s largest workers compensation and disability benefits carrier, is a leader in the fight against workers’ comp fraud. NYSIF is a competitive insurance carrier that sells workers’ compensation insurance and disability benefits insurance to any employer doing business in New York State. It investigates only workers’ compensation and disability benefits fraud involving claimants, policyholders or medical providers who are doing business with them.