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
Governor's Office · Sep 22, 2026GE Aerospace commits $225M-plus to modernize its Niskayuna research center and add at least 75 jobs; Empire State Development backs it with up to $8.42M in performance-based Excelsior tax credits, plus a Schenectady Metroplex sales-tax exemption on construction materialsamNewYork (Robert Pozarycki) · Sep 18, 2026Hochul cuts the ribbon on the rebuilt Belmont Park: $455M state loan approved in the 2023 budget, 3,700 union construction jobs, NYRA to repay from Resorts World casino revenue; year-round racing replaces the shuttered AqueductGovernor's office · Sep 15, 2026Hochul marks completion of the $69.6M Sydor Optics Advanced Technology Center at Monroe Community College in Brighton; state put in $34.6M, Monroe County $34.8M, pitched as workforce pipeline for the upstate semiconductor pushGovernor's office · Sep 14, 2026POWER energy rebate checks start mailing Sept. 21: up to $200 to 8.2 million households through December, no application needed; state says $7.6B in utility-bill relief since 2021
Source: Governor's Office · Jul 15, 2026 · Credibility Tier 1 · Permalink https://reviewhochul.com/news/workers-comp-22pct-cut-jul-2026
ReviewHochul aggregates and contextualizes published reporting. This page links to the original source; it is not a substitute for it.