How are Professional Employer Organizations (PEO’s) and their clients covered for workers compensation insurance in NY State?
There are two options in New York for providing workers compensation insurance coverage for these arrangements. The first option requires separate policies to be written for the PEO and each of its clients. The client’s policy is written in the client’s name. The PEO policy covers only its non-leased workers. The New York Labor Contractor Endorsement (WC 31 03 17) is attached to the client’s policy and names the PEO as an additional named insured. The New York Labor Contractor Exclusion Endorsement (WC 31 03 18) is attached to the PEO policy and lists each of the PEO’s clients. Premium cannot be combined for premium discount or retrospective rating purposes. The second option allows a policy to be issued to a client in the name of the PEO designating the PEO as the labor contractor for the client company. The New York Optional Labor Contractor Endorsement (WC 31 03 20) is attached to the PEO/client policy limiting coverage to only the leased workers of the client. In addition, if a cli
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