Workers’ Comp Rate Revision Effective 10/1/2021
The State of New York approved a slight decrease in the rate for Code 5190 Electrical Wiring. Effective with policies renewing on or after October 1, 2021, the loss cost for code 5190 will decrease 2.2% from 4.94 to 4.83. The loss cost rate, multiplied by a carrier loss cost multiplier yields the total rate charged by the […]