Governor's OfficeTier 1
Hochul announces 22% average cut in workers' comp premiums — an estimated $1.7B in employer savings
Hochul announced insured employers statewide will see an average 22% reduction in workers' compensation insurance premium rates — estimated savings of more than $1B for businesses, averaging $1,779 per policyholder, with total announced savings over $1.7B. Lands as an affordability-agenda data point amid the campaign's cost-of-living framing.
More on economy
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Source: Governor's Office · Jul 15, 2026 · Credibility Tier 1 · Permalink https://reviewhochul.com/news/workers-comp-22pct-cut-jul-2026
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