Concerns workers' compensation insurance requirements for certain corporations and partnerships.

This bill amends New Jersey's workers' compensation law to clarify coverage requirements for business owners. It states that self-employed individuals, partners in partnerships, members of limited liability companies, and S corporation shareholders who actively work for their business are considered "employees" *only if their business elects to cover them* through workers' compensation insurance. Businesses are not required to purchase coverage unless they have at least one regular employee (not just the owner). The bill also clarifies that insurers cannot be sued for failing to cover these business owners unless the insurer acted with gross negligence, and requires new application notices about coverage options.