First Insurance Group: NCCI Ruling on Covid-19 Payroll
In response to the global pandemic caused by COVID-19, many employers have been forced to shut down or severely curtail their operations. These actions are typically the result of federal, state, county, or local emergency laws and regulations recently enacted to slow the spread of the virus. For those employers that have chosen to continue to pay their employees during this time, maintaining a payroll with reduced or no income is a huge challenge. Recognizing the tremendous financial impact to businesses, the NCCI* has recently made a revised filing to their manual rules to modify how payrolls are accounted for in this unprecedented time.
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