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city_of_newburgh_council_work_session_agenda_novem.pdf

City Renews Workers’ Compensation Coverage With Comp Alliance

$2,193,226 plus estimated NYS assessments of $60,904 for the two-year term (total contribution $2,254,130)City of NewburghNEW YORK STATE MUNICIPAL WORKERS’ COMPENSATION ALLIANCENovember 3, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

The City of Newburgh Council authorized an agreement with the New York State Municipal Workers’ Compensation Alliance for workers’ compensation insurance and claims management services from January 1, 2026 through December 31, 2027. The two-year contribution is approximately $2.19 million plus state assessments, totaling an estimated $2.25 million. The agreement enrolls the City as a member of the Comp Alliance self-insurance fund with associated obligations and services.

Contract Details

Contract Amount

$2,193,226 plus estimated NYS assessments of $60,904 for the two-year term (total contribution $2,254,130)

Vendor

NEW YORK STATE MUNICIPAL WORKERS’ COMPENSATION ALLIANCE

Agency

City of Newburgh, NY

Contract Type

INSURANCE

Document Date

November 3, 2025

Contract Term

January 1, 2026 to December 31, 2027

Renewal Date

2027-12-31

Renewal Info

Two-year fixed-rate participation in the New York State Municipal Workers’ Compensation Alliance self-insurance fund from 01/01/2026 through 12/31/2027, following an expiring 01/01/2024–12/31/2025 term. Membership is fully assessable and may result in supplemental assessments or surplus distributions after liabilities are determined.

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