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You have our promise...
We will not give, sell or trade your personal information to anyone.

Associate members

Please visit our associate members web sites by clicking their logo below. All sites will open in a new browser window.

Cool Insuring Agency Inc.

LB Electric Supply

Milwaukee Tool

Mid-Island Electrical Supply

 

 

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Association e-Bulletin

Download OCT 2014 Issue Here
Download OCT 2014 Legal Monitor Here
 

2015 WINTER MEETING
WALDORF, PUERTO RICO

Download registration form here

Registration Deadline October 28, 2014

The NYSEC Winter Meeting will be held from January 31 - February 4, 2015 at the Waldorf Astoria El Conquistador Resort in Puerto Rico.

El Conquistador Resort underwent a $120 million renovation in 2008, and offers a balance of adventure and relaxation, complete with beautifully appointed accommodations, attentive Waldorf service and a magnificent setting.

Based upon previous success, we will again hold a raffle! The winner of the raffle will receive a four-night stay for two, (one-bedroom suite) round-trip airfare for two, and waiver of the registration fee ($3,200 estimated value). A second prize of $500 cash will also be drawn. ONLY the first 90 tickets received will be entered into the drawing, which will take place on October 31, 2014. Why not take a shot at $100 per ticket, for yourself or maybe to reward a loyal employee. Return completed ticket stubs and check made out to NYSEC prior to drawing date. Tickets are available by contacting the Association office.

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.

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Scholarship Award Program

Legal Monitor

October 2014

Court of Appeals Affirms Multi-Million Damage Award for
Injuries Caused by Construction Equipment...

  • Legislative Update
  October 2014
 

  • 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 >

 

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