Product Update

State Posting Notices, Payroll Limitation Amounts, and COVID-19 Resources Updated in IRMI Workers Comp

This release of IRMI Workers Comp contains updated material pertaining to state-specific posting notices and payroll limitations for sole proprietors, partners, executive officers, and limited liability company (LLC) members.

For the month of June 2020, there were no changes that affected posting notice requirements.

The following states made a change to their payroll limitation amounts that will be effective July 1, 2020.

Additionally, "Workers Compensation and COVID-19—Resources" is available in this reference to provide some resources that can be used to assist navigating the new normal for employers and their workers. This information is updated regularly. Also, due to COVID-19, many state insurance regulators have issued bulletins and directives aimed at providing a grace period for the payment insurance premiums, cancellations, and the nonrenewal of insurance policies. At the beginning of the "State Cancellation/Nonrenewal Provisions for Workers Compensation Coverage" chart contained in this publication, there is a link to a state chart of "COVID-19 Cancellations/Related Bulletins from Insurance Regulators." This information is also updated frequently.