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The New Jersey Compensation Rating and Inspection Bureau (NJCRIB) is created and
established pursuant to the provisions of Revised Statutes 34:15-89. It is under the
supervision of the Commissioner of Insurance. NJCRIB is charged by Statute to:
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Establish and maintain rules, regulations and premium rates for workers compensation and employers
liability insurance
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Adopt means for assuring uniform and accurate audit of payrolls as they relate to workers
compensation insurance
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Encourage employers to reduce the number and severity of accidents by adjusting premiums
through the use of credits and debits under a uniform system of experience rating
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Responsibilities of NJCRIB may be summarized as follows:
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Administration of all Workers Compensation Classification Premium Rates and Rating Programs
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Administration of the Classification System
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Review and maintenance of individual employer insurance coverage records
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Administration of the Residual Market
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