New York State Insurance Fund

[1] As of 2015, NYSIF was the largest workers' compensation insurance carrier in New York, with 46% of the market, and that year it earned $2.48 billion in premiums, placing it in the top ten in the United States.

Its creation was spurred by the 1909 Wainwright Commission, which found that then-current employer liability law was inadequate, and the 1911 Triangle Shirtwaist Factory fire.

[5] In 2014, a New York grand jury made recommendations on measures to combat clients misreporting the categorization of their workers to illegally lower their premiums.

In 2008 the Insurance Agents and Brokers of New York trade group supported a bill in the state legislature to remove some of these advantages.

[11] At various times in the past, the New York state government has taken money from NYSIF's reserves to cover other budget shortfalls.