New Jersey Compensation Rating and Inspection Bureau

Promoting a healthy marketplace for NJ workers compensation stakeholders

General Information
Company Name
New Jersey Compensation Rating and Inspection Bureau
Founded Year
1917
Location (Offices)
Newark, United States +1
Founders / Decision Makers
Number of Employees
58
Industries
-
Funding Stage
-
Social Media

New Jersey Compensation Rating and Inspection Bureau - Company Profile

New Jersey Compensation Rating and Inspection Bureau (NJCRIB) is a non-profit organization established in 1917 under N.J.S.A. 34:15-89 and -90.1. The bureau plays a crucial role in the workers' compensation sector by preparing and filing underwriting rules, policy forms, employer classifications, rates, and rating plans for regulatory approval. Additionally, NJCRIB is responsible for reviewing and maintaining individual employer insurance coverage records and administering the residual market.

The organization's commitment to providing accessible, accurate, and insightful data about the marketplace through its proprietary data serves to benefit insurers, employers, producers, and policymakers, thereby enhancing their understanding of the system's dynamics.

Workers' compensation is essential to society as it ensures that injured workers receive medical care and compensation for lost wages sustained during their absence from work. NJCRIB's workforce takes pride in delivering professionalism to all system participants.

Taxonomy: Workers Compensation, Insurance Underwriting, Policy Forms, Residual Market Administration, Market Insights, Stakeholder Communication, Claims Management, Risk Assessment, Employer Classification, Rate Setting, Insurance Coverage Records Management, Legislative Compliance, Professionalism

Funding Rounds & Investors of New Jersey Compensation Rating and Inspection Bureau (0)

View All

There is no investment information

Latest News of New Jersey Compensation Rating and Inspection Bureau

View All

No recent news or press coverage available for New Jersey Compensation Rating and Inspection Bureau.

Similar Companies to New Jersey Compensation Rating and Inspection Bureau

View All
Saskatchewan Workers'​ Compensation Board - Similar company to New Jersey Compensation Rating and Inspection Bureau
Saskatchewan Workers'​ Compensation Board We are the provincial agency that delivers workplace insurance to Sask employers and benefits to Saskatchewan workers.
The Beacon Mutual Insurance Company - Similar company to New Jersey Compensation Rating and Inspection Bureau
The Beacon Mutual Insurance Company Empowering businesses to succeed by caring for the safety, well-being, and security of their employees.
daisyBill - Similar company to New Jersey Compensation Rating and Inspection Bureau
daisyBill Workers'​ compensation RCM software that works
A.I.M. Mutual Insurance Companies - Similar company to New Jersey Compensation Rating and Inspection Bureau
A.I.M. Mutual Insurance Companies We provide a workers' compensation experience that ensures peace of mind for all.
Workers Compensation Board of Manitoba - Similar company to New Jersey Compensation Rating and Inspection Bureau
Workers Compensation Board of Manitoba If you’re hurt at work, we’re here to help. Follow SAFE Work Manitoba for all things safety and more.