New York commercial insurance rate filings (2026)
Every commercial-insurance carrier writing business in New York files its loss costs and rating values with the state's insurance regulator — the primary-source records that drive every commercial quote in New York. This page summarizes the 5 active filings we track for New York across 1 line(s) of business and 5 classification(s).
How Workers' Comp rates are set in New York
New York runs a private + state fund Workers' Comp market. New York also runs a state-chartered competitive workers'-comp insurer, New York State Insurance Fund (NYSIF), that writes alongside private carriers. Rate filings are reviewed by the New York State Department of Financial Services. The governing authority is New York Insurance Law §1101 et seq.. You can confirm any New York carrier or agent is licensed with the state's license-lookup tool. We track 5 distinct classification(s) for New York across 5 active filing(s). Workers' Comp loss costs are filed by NCCI in most states or by an independent state rating bureau; your actual premium is that filed loss cost multiplied by your carrier's loss-cost multiplier (LCM), your experience modifier, and your payroll divided by $100 — so two New York businesses in the same classification can pay very different rates. Comparing quotes from multiple carriers is the only way to see how those multipliers differ for your specific operation.
Across the New York filings we track, filed loss costs range from $0.10 to $7.19 per $100 of payroll, filed by 1 distinct carrier(s) or bureau(s). The lines represented are Workers Compensation. Classifications tracked include NCCI class codes 0005, 5462, 7380, 8810. The most-recent New York filing we track is effective October 2025. Every row below links to its SERFF tracking number so the New York regulator record can be verified.
Workers' Compensation covers medical bills and lost wages for New York employees injured on the job — mandatory in New York once you have staff.
In New York, Commercial General Liability carriers earned about $13.1B in premiums at a 66.3% loss ratio and a -8.5% underwriting profit (NAIC 2023). In New York, Workers Compensation carriers earned about $5.3B in premiums at a 45.7% loss ratio and a 14.9% underwriting profit (NAIC 2023). In New York, Commercial Multiple Peril carriers earned about $5.2B in premiums at a 56.8% loss ratio and a -5.6% underwriting profit (NAIC 2023). In New York, Commercial Auto carriers earned about $3.1B in premiums at a 92% loss ratio and a -34% underwriting profit (NAIC 2023). In New York, Inland Marine carriers earned about $2.4B in premiums at a 47.3% loss ratio and a 18.6% underwriting profit (NAIC 2023). In New York, Medical Professional Liability carriers earned about $1.8B in premiums at a 69.6% loss ratio and a -14.9% underwriting profit (NAIC 2023). In New York, Commercial Property carriers earned about $1.4B in premiums at a 36.6% loss ratio and a 34.2% underwriting profit (NAIC 2023). In New York, Product Liability carriers earned about $315M in premiums at a 72.1% loss ratio and a -10.4% underwriting profit (NAIC 2023). These market-level results come from the NAIC Report on Profitability by Line by State — a primary-source view of how each commercial line actually performs in New York, beyond the filed loss costs above.
- New York filed commercial loss costs we track run about $0.10 to $7.19 per $100 of payroll — the regulator-approved baseline before each carrier's multiplier and your experience modifier.
- New York rate filings are public, primary-source records; every figure here traces to a SERFF tracking number you can verify with the state regulator.
- Your actual New York premium depends on your class code, carrier loss-cost multiplier, experience modifier, and payroll — the filed loss cost is only the starting point.
Recent rate-filing activity — 5 state filings across 1 commercial line
Commercial carriers can't charge whatever they want — each state's Department of Insurance must approve loss-cost filings before they take effect. These are primary-source, government-held records available on SERFF Filing Access. Cited below: the most-recent active filings affecting commercial operations, with the real SERFF tracking number for each.
| Line | State | Overall change | Effective | SERFF tracking |
|---|---|---|---|---|
| WC | NY | per $100 payroll (NY loss cost) | Oct 1, 2025 | NYCIRB-NY-2025-10-0005 |
| WC | NY | -4.4% overall loss cost decrease vs prior period | Oct 1, 2025 | NYCIRB-NY-2025-10-1-LC |
| WC | NY | per $100 payroll (NY loss cost) | Oct 1, 2025 | NYCIRB-NY-2025-10-5462 |
| WC | NY | per $100 payroll (NY loss cost) | Oct 1, 2025 | NYCIRB-NY-2025-10-7380 |
| WC | NY | per $100 payroll (NY loss cost) | Oct 1, 2025 | NYCIRB-NY-2025-10-8810 |
Source: SERFF Filing Access (filingaccess.serff.com) — the official public-records interface for state Department of Insurance filings. Loss-cost changes shown are the overall bureau-wide change in each state; the actual impact on your quote depends on your class code, payroll, experience modifier, and carrier-specific loss-cost multiplier (LCM). Get a quote for your exact numbers.
Get a real New York quote
Bureau-filed loss-cost changes are the regulator-approved starting point — actual premium depends on your class code, payroll, experience modifier, schedule credits/debits, and the carrier's LCM. Request a free New York quote in under 90 seconds.
Get a free New York quote →New York filed rates by coverage
Coverage-specific New York rate-filing detail — bureau loss costs, recent filings, and how carriers price each line:
Related New York cost pages
New York-specific cost guides for the verticals we cover:
New York insurance profitability by line (2023 NAIC)
How profitable each commercial line runs in New York — loss ratio (incurred losses ÷ premiums earned); lower is more profitable for carriers:
Source: NAIC 2023 Report on Profitability by Line by State · compare every line & state →