New York Self-Insurers' Representative's Bond

Bond Penalty: $5,000

A New York self-insurers representative's bond is required from all practicing parties pursuant to the Rules adopted by the Workers' Compensation Board of the State of New York, pursuant to Section 24-a, Sec. 50, Subd. 3b, Sec. 50, Subd 3-d and Section 117 of the Worker's Compensation Law. Generally practice before the Board is allowed only by attorneys at law. The statute however does allow individuals that meet specific qualifications to represent self-insurers. "Employees, other than attorneys, of any person, firm or corporation licensed to represent self-insurers and insurance carriers may practice before the board on behalf of such clients, provided that they have the qualifications required herein for a license and have obtained authorization from the board to appear on behalf of the employer-licensee." Sectoin 302-1.3 outlines the application requirements, to wit;

  • Applications shall be made on a form prescribed and furnished by the board.
  • A representative of a bona fide charitable or welfare organization, labor union, or other organization of employees, designated by it for that purpose, may apply to be licensed to represent its members, which license shall be revoked upon certification by such organization to the board that the individual so licensed is no longer authorized to represent its members.
  • Persons, firms or corporations other than attorneys and counselors-at-law, soliciting self-insurers as clients, or representing self-insurers at any hearing, investigation or inquiry, relative to a claim for compensation, shall apply for a license. The application of a corporation shall be made and verified by a duly authorized and qualified officer.
  • Employees, other than attorneys, of any person, firm or corporation licensed to represent self-insurers and insurance carriers may practice before the board on behalf of such clients, provided that they have the qualifications required herein for a license and have obtained authorization from the board to appear on behalf of the employer-licensee. All such employees shall be required to pay a fee for authorization payable upon the filing of application for authorization. The employer-licensee shall provide such employees with credentials evidencing their employment, and shall promptly notify the board of termination of such employment.
  • All applicants are required to be fingerprinted and a name search with fingerprint verification obtained from the Division of Criminal Justice Services, Executive Department, State of New York. Applicants are to submit with their application a check or money order payable to "New York State Division of Criminal Justice Services" in the amount charged by that division for such services.

Upon submission of the final application a practitioner must file a self-insurers representative's bond with the Board. The surety bond must be written in the amount of $5,000 and is a term obligation. A new instrument must be filed each year if the representative remains in practice. The surety bond guarantees that the principal will perform all the duties required of it under the provisions of subdivision 3-b or 3-d of Section 50 of the Workers’ Compensation Law of the State of New York, and comply with the rules and regulations promulgated by the Board. There are MANY duties and "standards of practice" with regards to a represented with which each principal should be thoroughly familiar.

New York surety bond leader, Surety One, Inc. specializes in the bonding needs of attorneys and workers compensation practitioners. We offer surety bonds and fidelity bonds in all fifty states, Puerto Rico and U.S. Virgin Islands. Although applicant financial condition is a factor in bond underwriting, we have programs to satisfy EVERY credit condition. Call (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for a live chat for an New York self-insurers representative's bond application or to discuss your particular needs.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

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