Big news broke in New York just prior to Labor Day weekend – but it wasn’t the news of a DBL benefit increase New York workers were hoping for.
Instead, the State of New York raised the PFL premium contribution rate starting January 1, 2026. It’s an 11.31% increase, bringing the new rate to 0.432% of an employee’s wages each pay period, not to exceed a maximum employee contribution of $411.91 annually.
At The DBL Center, we stay on top of news related to employee benefits so that our brokers can be prepared and knowledgeable. We are your top resource, so you can position your brokerage as a trusted resource for your clients.
Read: New York Increases PFL Premium Rate for 2026
Plan Ahead for Success
As summer draws to a close, it’s time to start planning for a successful fourth quarter. Brokers licensed in Minnesota will have an opportunity to strengthen their relationships with business owners and deliver mandatory Minnesota Paid Family Leave through a private plan. The state of Minnesota rolls out PFML January 1, 2026. Employers have until November 10, 2025, to present a private plan for approval by the state. Minnesotans finally a PFML claim may be eligible to receive between 55% and 90% of their average weekly wage for up to 12 weeks.
The DBL Center can help Minnesota brokers privatize PFML for their clients for better service and potential cost savings. It’s also a good time to review clients’ benefits package for risk gaps that can be filled with other ancillary benefits.
Read All The Details of Minnesota PFML Here
Are You Educating Your Clients About Life Insurance Costs?
When it comes to ancillary benefits, workers often overestimate the costs of life insurance, according to research by LIMRA and Life Happens. Forty-five percent of working adults don’t have any sort of life insurance plan through their employer. Group Life / AD&D is an affordable option, with executive carve-outs available to increase coverage levels.
Learn more about how Americans feel about life insurance – and what you can do to make sure your clients have the right amount of coverage.
Read: Education is Key to Life Insurance Sales
We hope you had a great summer and we’re looking forward to a solid fourth quarter! If you’re not already working with The DBL Center as your insurance wholesaler for required and ancillary benefits, reach out today to find out how we can help you save time and increase commissions.
