The NYSEC Health Insurance Plan is officially active and available to all our members! This program is designed to provide you with access to quality health insurance options tailored to meet your needs, offering comprehensive coverage at attractive group rates. We have several members statewide that have already enrolled and are now enjoying the group […]
OSHA requires firms with 11 or more employees to record injuries during the 2024 calendar year on the 300 log, and then post the summary form 300A for the period February 1 to April 30, 2025. Note that it is not necessary to record cases where only first-aid was rendered. If there were no injuries, […]
An update of 2024 bills submitted to Governor for signature and early bills of interest for 2025. Download the Legislative Update HERE
The State of New York approved an 11.4% loss cost rate decrease to the rate for Code 5190 Electrical Wiring. Effective with policies renewing on or after October 1, 2024, the loss cost for code 5190 will be reduced from 4.39 to 3.89. The loss cost rate, multiplied by a carrier loss cost multiplier yields the […]
The Scholarship Committee is pleased to announce the 2024 NYSEC College Scholarship is awarded to Samantha Farsky of member firm Off Shore Electric Corp., New York, NY. The award is $1,000 per year payable over a four-year period. Samantha is pursuing a degree in Sports Journalism at Arizona State University, where she is setting her sights on becoming a sports broadcaster. We […]
Several important bills to the industry were tracked during the 2024 NYS Legislative session. View a recap and current status HERE
The State of New York approved a 0.0% loss cost rate change in the rate for Code 5190 Electrical Wiring. Effective with policies renewing on or after October 1, 2023, the loss cost for code 5190 will remain at 4.39. The loss cost rate, multiplied by a carrier loss cost multiplier yields the total rate charged by the […]
On May 3, 2023 the 2023-2024 NYS Executive Budget was enacted… Download Legislative Update HERE
The State Association is making progress toward an Association Health Plan designed specifically for our NYSEC membership. Our endorsed broker partner Gallagher Risk Services/ Cool Insuring has compiled preliminary employer data and is in the process of approaching carriers for underwriting and pricing. The program will be available to cover the non-collectively bargained employees, office […]
The Winter Meeting is back! The State Association will be hosting the 2023 Winter Meeting at the Hyatt Zilara Rose Hall All-Inclusive Resort, Montego Bay, Jamaica. Dates are Saturday January 28 – February 1, 2023. Please download Meeting and Registration form HERE. Plan to relax and network with your fellow industry counterparts in sunny Jamaica!