Association e-Bulletin

Download OCT 2014 Issue Here
Download FEB 2015 Legislative Update Here
 

OSHA RECORDKEEPING REMINDER

OSHA requires firms with 11 or more employees to record injuries during the 2014 calendar year on the 300 log, and then post the summary form 300A for the period February 1 to April 30, 2015. Note that it is not necessary to record cases where only first-aid was rendered. If there were no injuries, form 300A must still be posted (indicating zero’s and signed by an officer).

Form C-2, used to report workers’ compensation claims, is helpful when completing the 300 log. The C-2 is also an allowable substitute for OSHA form 301, therefore in that case form 301 is not necessary.

You must retain the OSHA 300 log and 300A summary, along with applicable C-2’s, for a period of 5 years. After 5 years you may discard the OSHA forms, but it is recommended that you keep a copy of all C-2 forms in your files for at least 18 years.

Note all employers must report all work related fatalities within 8 hours, and, as of January 1, 2015, all work related inpatient hospitalizations, all amputations and all losses of an eye within 24 hours. The number is 800 321-OSHA (6742). If an incident of that magnitude were to occur that you should also contact your insurance broker/ carrier for assistance.

The 300 and 300A forms, as well as a wealth of information about completing the OSHA Logs can be obtained by following this web link: http://www.osha.gov/recordkeeping/RKforms.html

If you have any questions regarding the enclosed, please feel free to contact the Association office. NY

WORKERS' COMPENSATION RATES FLAT EFFECTIVE 10/1/2014

Effective with renewal policies October 1, 2014

The State of New York disallowed a 16% rate increase request, and has held the base rates at 0% increase effective with policies renewing on and after October 1, 2014.   The loss cost rate for Code 5190- Electrical Wiring remains unchanged at 6.04. The NYS Assessment charge was reduced from 18.8% to 13.8% of premium

The loss cost rate, multiplied by a carrier loss cost multiplier yields the total rate charged by the carrier.  Each carrier's final rates will vary based upon their approved multiplier.

For those who qualify for Payroll Limitation, the weekly payroll "cap" of $1,204.81 will be revised to $1,212.98 effective with renewals October 1, 2014 and after.

Benefits for injured workers are indexed to 2/3 of the average statewide weekly wage. Effective July 1, 2014, the weekly maximum benefit for injured workers is $809.05, up from $803.21.  For many years the weekly maximum was held constant at $400.

If you would like further information on Workers' Compensation rates or a quote from the  Association's Workers' Compensation Group, contact Jay Mangione at the Association office. 
 

PROPERTY & LIABILITY GROUP COVERS OVER 135 NYSEC MEMBERS!

Interest running high in this members only program!!

The State Association has partnered with Harleysville Insurance Company and Cool Insuring Agency to offer a property and liability group.  The program is tailored to specifically address electrical contractor coverage issues, and offers an additional discount for State Association members.

Those currently insured with Harleysville should speak with their broker to learn of the additional benefits and savings available through the group.  Quotes and further information may be obtained by contacting Jay Mangione at the Association office.

• Scholarship Award Program The New York State Association of Electrical Contractors Scholarship Award Program is funded  by contributions from our members. Use the link below to download and/or print the application. Scholarship information and form - (PDF file - 41 kb)		• Legal Monitor October 2014 Court of Appeals Affirms Multi-Million Damage Award for Injuries Caused by Construction Equipment...   • Legislative Update   February 2015     • WICK'S Works!   • "Fair-Play Act"

The New York State Association of Electrical Contractors

P.O. Box 807
Latham, NY 12110

MISSION STATEMENT:

The New York State Association of Electrical Contractors, founded in 1899, is dedicated to promoting the exchange of information and ideas, fostering of business relationships and networking opportunities, development of group business and insurance programs, and the advancement of State legislative interests common among all member firms in the electrical contracting and related industries.

Read the History of NYSEC >