The Construction Premium Adjustment Program Credit, also known as the PAP Credit, is one of the most overlooked credits available to contractors.
Recently, New York State changed how the experience modification factor is calculated. This will impact nearly all employers who have workers’ compensation policies.
Workers’ compensation is one of a contractor’s largest insurance costs.
New York State employers may benefit again from an aggregate rate decrease to their workers’ compensation programs over the coming year.
If you’re a contractor, your job sites present the most consistent and, in most cases, the greatest potential for employee, subcontractor and visitor injuries.
Let’s talk about the three key elements of managing construction risks: Preventing of incidents; Responding to incidents; and Managing incident outcomes.