Latest News
7.7 Percent Workers Comp Rate Hike Proposed for New York
The state Insurance Department says it will hold a public hearing June 23 to consider the increase.
The New York Compensation Insurance Rating Board is seeking a 7.7 percent workers’ compensation rate increase that would be effective October 1 if approved.
The New York State Insurance Department said Tuesday, June 2, that it will hold a public hearing June 23 to consider the increase.
New York state law requires the insurance superintendent to “hold a public hearing if a rate service organization makes a loss cost filing for workers compensation that is an increase of 7 percent or more over the approved loss costs from the prior year,” the state insurance department said in a statement.
Filed by Roberto Ceniceros of Business Insurance, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.
Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.
Leave A Comment
Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. You are fully responsible for the content you post.
Daily Q&A
Our HR Function Is Doubling Headcount. What Do We Need to Do to Prepare?
I am one of two human resources generalists at our 300-employee company, which expects to at least double its headcount in 2011. My boss has instructed me to draw up a plan on how the HR department should be developed to keep pace with the growth. Where do I begin this daunting task?
—Growth Spurt, software and services, Texas
Read Answer
Stay Connected
Join our community for unlimited access to the latest tips, news and information in the HR world.
