Legislative Update August 2019
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Archive for August, 2019
Workers Compensation Rate Revision 10/1/2019
The State of New York approved a decrease in the rate for Code 5190 Electrical Wiring. Effective with policies renewing on or after October 1, 2019, the loss cost for code 5190 will decrease 13.6% from 5.67 to 4.90. The loss cost rate, multiplied by a carrier loss cost multiplier yields the total rate charged […]