In The News
Articles and Press Releases
Best Practices in 2026 for Workers’ Comp: A Smarter Playbook for New York Restaurants - by David Friedlander
For most operators, Workers’ Compensation feels like another tax. What if there were a way to reduce that “tax” by up to 50%? In New York, one effective strategy is joining a Workers’ Compensation Safety Group for Restaurants, Bars and Nightclubs, underwritten by the New York State Insurance Fund, which operates on a not-for- profit basis, and the “profits” from low claims, flows through to members in the form of a dividend.
(May 7, 2025)
Manage HR Awards Friedlander Group with Workers' Compensation Company of the Year for 2026
For most New York employers, Workers’ Compensation feels less like insurance and more like a tax. It is required by law. The benefits are set by statute. The coverage does not change from one carrier to the next. Every year, the premium renews and most businesses absorb it as a fixed cost of doing business in the state.
(May 6, 2025)
Adam Friedlander Talks Tariffs and Economic Uncertainty with Insurance Journal
Recently, Adam Friedlander spoke with Insurance Journal about the effect the future of our economy and potential tariffs can have on the workers' compensation system.
"The economy, and the strength of the most recent few years of economy, have been helpful in keeping claims low," said Adam Friedlander, president of Friedlander Group in New York.
(February 27, 2025)
Friedlander Announces a 37.5% Dividend for the Oil and Gas Dealers Group of New York #582
Friedlander Group, Inc., manager of the Oil and Gas Dealers Group of New York Workers' Compensation Safety Group 582, has announced a 37.5% dividend for its members with policies effective July 1, 2023, to July 1, 2024. This payout adds to the $427 million in total dividends paid since 1992, contributing to the $770 million in total workers' compensation savings the company has delivered to clients across various industries.
(February 27, 2025)
Friedlander Announces a 42.5% Dividend for Building Material Dealers Safety Group of New York #540
Friedlander Group, Inc., manager of the Building Material Dealers Workers' Compensation Safety Group of New York #540, has announced a 42.5% dividend for its members with policies effective July 1, 2023, to July 1, 2024. This payout adds to the $427 million in total dividends paid since 1992, contributing to the $770 million in total workers' compensation savings the company has delivered to clients across various industries.
(February 25, 2025)
Friedlander Group's SWAT Team Reaches $22 Million in Savings
For over 32 years, the Friedlander Group has been a trusted partner for New York businesses, delivering innovative workers’ compensation solutions. Since launching the Fraud Solutions (SWAT) team in 2012, we’ve saved clients over $22 million by preventing fraudulent claims, safeguarding both businesses and the integrity of the workers’ compensation system.
(January 23, 2025)
Friedlander Announces a 40% Dividend for Hotel & Motel Group of NY Safety Group #578
Friedlander Group, Inc., manager of the Hotel & Motel Group of New York Workers' Compensation Safety Group #578, has announced a 40% dividend for its members with policies effective June 1, 2023, to June 1, 2024. This payout adds to the $423 million in total dividends paid since 1992, contributing to the $765 million in total workers' compensation savings the company has delivered to clients across various industries.
(January 23, 2025)
Chief of New York State Insurance Fund Celebrates its 110th Birthday
Spectrum News1's Capital Tonight featured the New York State Insurance Fund (NYSIF) as it marks 110 years of service. Born from the tragedy of the 1911 Triangle Shirtwaist factory fire, NYSIF was established following the 1914 Workers' Compensation Act to provide affordable workers' compensation insurance. Now a self-supporting carrier competing nationally, it ranks among the top 10 workers' comp insurers in the U.S. CEO Gaurav Vasisht reflected on NYSIF's history, mission, and recent research efforts on climate change and long COVID.
(December 10, 2024)
Friedlander Group Announces 42.5% Dividend for Wholesale Group of NY Safety Group Members
Friedlander Group, Inc., manager of the Wholesale Group of New York Workers’ Compensation Safety Group #551, has announced a 42.5% dividend for its members with policies effective from April 1, 2023, to April 1, 2024. This payout adds to the $423 million in total dividends paid since 1992, contributing to the $765 million in total workers' compensation savings the company has delivered to clients across various industries.
(December 10, 2024)
42.5% Dividend Announced to members of The Retail Group of New York Safety Group
Friedlander Group, Inc., manager of the Retail Group of New York Workers’ Compensation Safety Group #544, has announced a 42.5% dividend for its members with policies effective March 1, 2023, to March 1, 2024. This payout adds to the $423 million in total dividends paid since 1992, contributing to the $765 million in total workers' compensation savings the company has delivered to clients across various industries.
(December 6, 2024)
Friedlander Group Announces 37.5% Dividend for Residential Care Facilities Safety Group Members
Friedlander Group, Inc., manager of the Residential Care Facilities Group of New York Workers' Compensation Safety Group #586, has announced a 37.5% dividend for its members with policies effective from February 1, 2023, to February 1, 2024. This payout adds to the $414 million in total dividends paid since 1992, contributing to the $740 million in total workers' compensation savings the company has delivered to clients across various industries.
(October 29, 2024)
Friedlander Group Announces 50% Dividend for Financial Services Safety Group Members
Friedlander Group, Inc., manager of the Financial Services Group of New York Workers’ Compensation Safety Group #558, has announced a 50% dividend for its members with policies effective from February 1, 2023, to February 1, 2024. This payout adds to the $414 million in total dividends paid since 1992, contributing to the $740 million in total workers' compensation savings the company has delivered to clients across various industries.
(October 28, 2024)
Safety Group vs. Self-Insured Trust
Self-insured trusts, once used for workers' compensation, largely failed due to underfunding and have become non-existent, exposing members to significant liabilities. In contrast, safety groups offer stable, cost-effective coverage with limited liability, making them a secure alternative, as highlighted by Adam Friedlander in his industry analyses.
(October 2, 2024)
Friedlander Group is New Manager for Safety Group #510
The Friedlander Group is proud to announce that we are the new Safety Group Manager for the Transportation Industry Safety Group #510.
For more information on the available classification codes and benefits of the group, click here.
(May 20, 2024)
Friedlander Group is New Manager for Financial Services Workers' Compensation Safety Group #558
The Friedlander Group is proud to announce that we are the new Safety Group Manager for the Financial Services Safety Group #558.
For more information on the available classification codes and benefits of the group, click here.
(December 24, 2023)
SWAT-ing WC Fraud
Insurance Advocate - January, 2024
Friedlander Group's SWAT Team Tops $20 Million in Savings
Since 2012, the Friedlander Group's Fraud Solutions (SWAT) team has saved clients over $20 million by tackling workers' compensation fraud. As the annual cost of fraud reaches $34 billion nationwide, the Friedlander Group's commitment to integrity highlights the crucial role of initiatives like the SWAT team in protecting businesses.
(December 14, 2023)
40% Dividend Announced to members of The United Restaurants of New York Safety Group
Friedlander Group announces a 40% Dividend to the United Restaurants of New York Workers’ Compensation Safety Group #556.
(May 23, 2022)
NYSHFA | NYSCAL and Friedlander Exclusive Offer
"NYSHFA | NYSCAL announces the establishment of a proposed Workers’ Compensation Safety Group managed by Friedlander Healthcare Providers Insurance Services"
(April 26, 2022)
ARCHIVED ARTICLE - THROUGH THE YEARS
Business Wire
"Friedlander Group Announces a 15% Dividend Paid to the Members of The Social Services Group of New York Workers’ Compensation Safety Group #585," March 25, 2020 - Read Article
Business Wire
"Friedlander Group Announces a 25% Dividend Paid to the Members of The Oil and Fuel Dealer Group of New York Workers’ Compensation Safety Group #582, February 21, 2020 - Read Article
WorkCompWire
"Friedlander Group Announces a 22.5% Dividend for Wholesale Group of NY WC Safety Group," December 3, 2019 - Read Article
WorkCompCentral
"Friedlander to Pay 22.5% Dividend to Wholesale Group," November 11, 2019 - Read Article
Business Wire
"Retailers in New York Save 51% on their Workers' Compensation," October 23, 2019 - Read Article
WorkCompCentral
"Care Facilities Group Sees Big Dividend, Discount for Safety Programs," September 19, 2010 - Read Article
Business Wire
"15% Dividend Paid to Residential Care Facilities of New York Workers' Compensation Safety Group #586, for Period of February 1, 2018 to February 1, 2019," September 13, 2024 - Read Article
WorkCompCentral
"Restaurants Get Hefty Dividend for Safety Program," June 12, 2019 - Read Article
WorkCompCentral
"Friedlander Group Announces Dividends", March 28, 2019 - Read Article
Yahoo! Finance
"Friedlander Group, Inc. Announces New Workers' Compensation Program for Healthcare Providers Through EMPLOYERS®," March 18, 2019 - Read Article
WorkCompCentral
"Retail Safety Group Members Receive 35% Dividend," December 10, 2018 - Read Article
Nation's Restaurant News
"30% Dividend paid and 25% Advance Discount on renewals for NY Workers' Compensation | Market Monitor, July 3, 2018 - Read Article
Total Food Service
"Friedlander Group's United Restaurants Workers' Comp Safety Group Post Decades of 50% Plus Savings," March 16, 2018 - Read Article
Insurance Advocate
"Novel Idea: Safety Strategies — A Forward-Looking Entrepreneur Spreads the ‘Gospel' of Risk Management to Clients in Thoughtful Book, August 29, 2016 - Read Article
WorkCompCentral.com
"Retail Group of New York Announces WC Dividends, December 24, 2015 - Read Article
NY State Insurance Fund
NYSIF dividends paid to its workers' compensation safety groups since 1923 … from the NYSIF 100 year anniversary book, September, 2015 - Read Article
Insurance Journal - "Workers’ Comp Insurers Unfazed by TRIA Failure For Now But Expect Quick Fix"
Industry trade articles where Adam Friedlander was quoted. As an industry leader, trade reporters and insiders often come to us for quotes or information on industry changes.
At Friedlander Group, Inc., in Purchase, New York, which manages safety groups underwritten by the New York State Insurance Fund, Adam Friedlander, president, said currently nothing is happening differently in the marketplace.
"If we didn't read about the TRIA expiration, we wouldn't know it happened, based upon the marketplace being business as usual, he said.
Friedlander said that he has not seen any impact related to the National Council on Compensation Insurance (NCCI) endorsement that limits the scope of workers' compensation coverage in case TRIA expires. January 4, 2015 - Read Article
Crain's New York Business.com
How to save on workers' compensation costs, January 13, 2012 - Read Article
The Times-Tribune
Workers' Comp Fraud costs $5 Billion - Read Article, December 25, 2011 - Read Article
Kirkus Reviews
How to $ave Big on Workers' Compensation, December 15, 2011 - Read Article
The Daily Port Chester
Port Chester Rotary Hosts Workmen's Comp Lecture, August 3, 2011 - Read Article
Total Food Service Article
40% Dividend Payout to United Restaurants of NY, July, 2009 - Read Article
Insurance Advocate
Self-Insured Trusts: Paying Your Competitors' Costs, May, 2008 - Read Article
Crittenden's Article
The Hotel & Motel WC Safety Group declared its first dividend of 25%, February 11, 2008 - Read Article
Insurance Advocate
WCB Rate Adequacy Review: A Step in the Right Direction, January 29, 2007 - Read Article
Insurance Advocate
Friedlander Group Declares 35 Percent Dividend for Retail Safety Group, November 28, 2006 - Read Article
Insurance Advocate
N.Y. workers' comp trusts: rising prices and broker concerns, November 20, 2006 - Read Article
Insurance Journal
NY Restaurant WC Safety Group Pays 40% Dividend, June 22, 2006 - Read Article
Insurance Advocate
Trusts vs. Safety Groups, January 30, 2006 - Read Article
Insurance Journal
Friedlander's NY United Restaurants' Safety Group pays 40% Dividend, June 7, 2005 - Read Article
Westchester County Business Journal Article
Insuring Success. Firm's clients do well by doing good, May 23, 2005 - Read article
Insurance Advocate
Business Owners Should Match Promised Cost Savings Against Unanticipated Risk, November 4, 2000 - Read Article